Considering I just spent $85 to fill up my vehicle again.... I am sure there are a lot of Polyolefin users not sleeping at night thinking about the next resin price increases.
I will apologize for my limitations of knowledge again but here we go.... I know PVC production/ cost is directly tied to Natural Gas. What I have been recently been learning about is refining cokers and the 'cracking' hydrocarbons.
Since the last time we all had to eat it at the pump and on resin was blamed on crude price sky-rocketing. Now this time we are eating it at the pump and it is being blamed on limited refining capacity (which I agree with).....
Anyone else feel that even though we haven't seen any resin price Decreases, that we are about to hit a whole bunch of new increases (specifically on PE and PP)?
