
Attacks shouldn’t affect resin supply
Canadian Plastics
Canadian PlasticsThe recent terrorist attacks are not likely to have a direct, long-term impact on energy markets, or on the availa...
The recent terrorist attacks are not likely to have a direct, long-term impact on energy markets, or on the availability and distribution of plastic resin, according to a report released by the ThePlasticsExchange.com.
The report notes that over the past few months plastic producers have sold vast amounts of prime resin at bargain prices, but that producers have taken action to reduce production and inventories. As a result of the tightening supply, price increases for most major commodity resins appear imminent. These proposed price increases, however, are not linked to the terrorist attacks in the U.S., according to the report.