Manufacturing Industry
PE PRICES UP 5 CENTS IN MAY, PVC STILL RISING.
Plastics News, June, 1999 by Esposito, Frank
Polyethylene makers hammered another price increase through in May, while PVC prices continued their slow climb upward as well. A combination of strong demand and assorted PE and ethylene outages combined to hike PE prices 5 cents per pound in May. High density PE prices are up 11 cents per pound to date in 1999, while low density and linear low density PE have risen an astounding 13 cents per pound.
PE prices had dropped 12 cents in 1998. In PVC, prices rose 1 cent per pound in May, prompted by outages at plants operated by Condea Vista Co. and Georgia Gulf Corp. as well as a robust construction market. With HDPE demand up almost 10 percent and LLDPE demand up more than 13 percent through March, some processors were scrambling for material while others...
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