The expectation is that prices for HDPE will remain lower until spring. There have been no significant supply disruptions but sluggish demand of late pulled prices lower toward the end of the year. There was a sharp December price drop attributed to a larger-than-expected stockpile of feedstock and resins. Spot HDPE fell to 0.53/lb., down from 2018 highs of 0.68/lb.
Much of this price drop is expected to reverse in the spring months. Tariff concerns have affected this sector as well, mostly on an indirect basis.
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.