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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March 8, 2024
Price Increases and Transportation Challenges
In the last few weeks, we’ve seen a lot of movement in the market: The styrene monomer (SM) shortage supports increases such as American Styrenics who announced 7 CPP on...
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February 20, 2024
Orders and Prices are on the Rise
There is just too much happening to wait any longer to publish this extra edition of the MMU, so here we go! Overall Market - Talking with customers which includes OEMs,...
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February 2, 2024
Merger and Logistics Constraints
PC For Q1/24, demand for PC is expected to increase by over 2.5% and sales are expected to increase by 3.0%+ and 5.1% in Q1 and Q2 2024 respectively with lower inventories of...
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January 3, 2024
Blockage at Canals Lead This Month’s Challenges
Shipping and canal issues: Panama Canal – The drought at the lake which services the Panama Canal in Central America is forcing ships to take longer routes to the East Coast....
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December 17, 2022
December Plastics Market Update
We might be nearing the light at the end of the inflation tunnel, with the rate of inflation starting to ease during the month of December so far. The Federal Reserve also boosted...
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October 13, 2022
October Plastics Market Update
Real GDP for the world is down, and industrial production has slowed down globally. It’s becoming a more competitive market through the end of 2022 with the...
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