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The article discusses price projections for commodity resins as determined by resin purchasing consultants at Resin Techology, Inc. (RTi) in Fort Worth, Texas. Suppliers of polyethylene are expected to reduce production rates to avoid a large year-end inventory which will result in a downward pressure on prices. Prices for polypropylene have peaked with spot prices weakening. December prices of polystyrene will be stable or lower provided there are no further feedstock price hikes.

The article highlights the outlook of Resin Technology, Inc. (RTi) of Fort Worth, Texas on the trend of commodity resin prices of polyethylene (PE), polypropylene (PP), polystyrene (PS) and polyvinyl chloride (PVC) for July and August 2010. Statistical information and charts are presented on the price trends of commodity resins. It cites that RTi projects that PE and PP prices may level off in July and August while it expects PS and PVC prices to decrease further. Suggested action buying strategies for 30, 60, and 90 day periods are given.

The article reports on the drop in resin prices from April to May 2010 according to Resin Technology, Inc. (RTi) purchasing consultants in Fort Worth, Texas. As polyethylene (PE) availability improved and prices remained flat through April, purchasing as needed is suggested. Action strategies and the price trend of major commodity thermoplastics like polypropylene, polystyrene, and PVC resin are presented. Improved ethylene monomer availability is said to result in lower PVC prices from May to June.