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Chemical Week Magazine :: Basic Chemicals & Plastics
US polyethylene prices to hold firm on strong demand, stable supply
9:10 AM MST | January 10, 2014 | —Clay Boswell
Buttressed by solid domestic trade and strong export demand, polyethylene (PE) prices in the United States and Canada are likely to remain firm this year, says Nick Vafiadis, senior director/global polyolefins and plastics at IHS Chemical. US PE contract prices have gone an entire year without a reduction—a somewhat rare occurrence and an indicator of the outlook, he says. “The relative low-cost position of US producers and the lack of any significant North American production capacity increases during 2014 suggest that similar conditions will persist...
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