New Resin Index Format

Plastics Technology has changed its long-running monthly resin pricing column. The editors will now focus on “benchmark” grades of the four main “commodity” resins: polypropylene, polyethylene, polystyrene, and polyvinyl chloride. The content of this article each month will be based on analysis of global feedstock, resin, and economic trends by resin purchasing consultants at Resin Technology, Inc. (RTI). RTI’s input will add new “suggested action strategies” section for resin buyers. Also, a new pricing chart, based on data gathered by Plastics Technology, now focuses on the market prices of just the benchmark grades of commodity resins, supplemented by the latest North American short-term futures contracts from the London Metal Exchange (LME) for benchmark grades of LLDPE and PP.