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Polyolefin prices were on the way up in October, as resin suppliers pointed to rising monomer costs to justify their previously announced resin hikes.

Despite roaring exports and some slight increases in monomer prices, slow domestic demand is keeping a lid on polyolefin and PVC prices for the moment.

Most commodity resin prices —except for PP—took a breather in August, though some hikes were pending for September.

Commodity resin prices moved up haltingly, though polystyrene prices promptly fell back.

Domestic resin demand was moderate to slow in the second quarter, but exports were booming and many feedstock prices were rising.

Prices of polyolefins were moving up last month and more increases were on the way.

Prices of PP, PVC, and PET moved up last month and new price hikes were under way for PE, PP, PS, PVC, and PET. PE prices up 3¢Polyethylene prices moved up 3¢/lb in March, bringing the total increase this year to 6¢/lb.

Polyolefins, PET, and PVC were on the way up last month, as resin suppliers sought to recover margins shrunken by lackluster demand and higher feedstock costs.

Polyolefin prices were poised to rise again this month as suppliers aimed to implement a series of price hikes.

Polypropylene and polystyrene prices were moving upward in the last month, though polyethylene was relatively flat and PVC was still soft.