PVC resin prices seem to be stabilizing after dropping in the previous months. Demand appears to be soft with plenty of production. Although there may be some potential for a small decline in pricing, major moves in one direction or another continue to seem unlikely, at least for the time being. Any major disruptions in the price of oil and natural gas could continue to be a factor going forward.
The HDPE piping market has been red-hot all year and pricing finally stabilized over the past two months. This doesn’t mean production has slowed because, in fact, production lines across the country remain full and running at 100% capacity 24 hours a day.