Plastics, resins & HDPE report: December 2018
Over the last few months there has been talk of PVC increases, however they have failed to take hold. Seasonal demand is soft with strong supply. There has been little change in pricing since October with prices decreasing slightly over this time. Talks of resin increases appear to be overstated and more of the need for price increases appears to be driven by increased freight costs. Some manufacturers have resorted to increasing the minimum freight allowance rather than increasing prices. Any major disruptions in the price of oil and natural gas could be a factor going forward.
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.