Resin Market Moves | The Slow Squeeze | Margin Erosion, Weak Demand & Year-End Destocking | 11/17/25
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Fresh off a visit at the AMI Plastics Expo in Cleveland, we report a similar message that we've been reporting for the last several weeks:
demand is soft, inventories are long, and attempted price increases don’t have fundamental support.
In this Resin Market Moves episode, Michael Workman breaks down:
Market Highlights
Polyethylene (PE):
Huge October draw (–410M lbs) but still long YoY; producer increases unlikely.
Polypropylene (PP):
PGP hovering near 25¢/lb; no margin initiatives; inventories elevated.
Polystyrene (PS):
Down another 2¢; BD and BZ both falling.
ABS / PC:
Oversupplied, weak auto demand, and +10¢ attempts failing.
PVC:
Downward pressure continues; no increases for November.
Nylon (PA66 & PA6):
Stable-to-lower with weak retail and automotive pull.
PET:
Tariff lift fading; PX/PTA easing; fundamentals remain soft.
Key Takeaway
Q4 remains one of the most buyer-friendly windows in years.
With weak demand, soft feedstocks, high inventories, and defensive producer tactics, buyers have real leverage heading into 2026.
ResinSmart gives processors the benchmark data, feedstock models, and C-suite-ready visuals needed to negotiate from strength.
Try ResinSmart free → https://www.ResinSmart.ai
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