Plastics, resins & HDPE report: November 2017
There has been little or no change since last month’s report.
The HDPE piping market is beginning to resemble what it was prior to the extreme weather that temporarily crimpled the Gulf Coast. HDPE pipe resin supply is back to upwards of 90% to pipe manufacturers.
The resin pricing has settled and may even begin to slide a little, but don’t expect the pipe prices to fall any time soon. Prior to the hurricanes, demand already was strong and will continue to be for the remainder of this year as well as well into next year. Lead times for small bore pipe up to 6 in. is running four to six weeks with 8-in. and up running around 12 weeks-plus. Historically, large bore has longer lead times, which are now out as much as 28 weeks.
The American Supply Association (ASA) and its Industrial Piping Division (IPD) is the national organization serving wholesaler-distributors and their suppliers in the industrial and mechanical pipe-valve-fitting industry. As a powerful alliance of channel partners, we provide a forum for your upstream trading partners to exchange critical information and address key issues.
In particular, ASA’s IPD members constantly check the pulse of the materials and commodities they proudly supply to you. ASA’s IPD members are knowledgeable industry leaders, and those who volunteer their service on the IPD Executive Council compile and prepare the IPD Commodity Reports. The Reports contain some of the most current and qualified market data and information available from the industry’s leading manufacturers and distributors about emerging trends and other price-influencing actions and events.
This information is an example of how ASA’s IPD manufacturer and distributor members are constantly looking ahead to ensure you have information and resources you need to be successful. Learn more at www.AdvanceYourAbility.com.