Outlook for Market Sectors, Economy in 2025
Economics and Interest Rates The Federal Reserve lowered its interest rate another quarter of a percent which is the third this year and all have come in the last half of the...
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December 6, 2024
Engineering Polymers Flat, Plastic Recycling Economics
Like many polymers, ABS continues to look flat currently. Demand is soft with automotive, and supply is currently available, while pricing has been flat over the last few months....
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November 6, 2024
Plant Shutdowns and Supply Shifts
INEOS announced on October 30th that they will shut down their Addyston, Ohio facility, which makes ABS and SAN by Q2/25. Citing competitive pressures from imports and the...
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October 4, 2024
ILA Strike Begins, ADNOC Buys Covestro
The East Coast port of NY/NJ strike was started just last night by the International Longshoreman’s Association (ILA) October 1st. This union is the largest in America and...
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September 4, 2024
International Markets Shift, Complications in Shipping
In polymer pricing, Chemical Marketing Analytics reported that GP injection grade PC was flat for August while optical was up by 5 CPP. ABS GP and injection were reported to be...
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August 5, 2024
Resin Prices Stabilize, Container Freight up Sharply
August is Star’s birthday! Started in 1988 as a tolling business for what is now known as Sabic so congratulations to Doug Ritchie and all of the associates at Star who work...
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July 11, 2024
Home Sales Down While Engineering Resins Prices Up
The overall economy is still a bit sluggish. A recent newspaper article reported new home sales reaching a YTD low. New home sales reach 6-month low in May WASHINGTON...
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June 4, 2024
Prices on the Move
At the end of May, crude settled at the lowest price since January which spurs the ongoing concerns about interest rates not dropping. This could affect overall demand in all...
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April 4, 2024
Hope to See You at NPE
NPE is this May 6-10 at the Orange County Convention Center, in Orlando, FL. And Star is located at booth S35203 in the Recycling and Sustainability Zone. Stop by and say...
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