Resin To Riches: Weekly Plastic Market Insights

Polymer Global Analysis

Resin To Riches: Weekly Plastic Market Insights

• General Thoughts: Resin pricing remains elevated as feedstock costs and supply disruptions support pricing and delay adjustment, shifting margin pressure downstream and testing demand durability as pass-through reaches end markets.
• Polyethylene (PE): Global PE pricing reflects delivery reliability and lagged cost relief, as elevated ex-US feedstock costs and disrupted imports support levels, while buyer fatigue questions and narrows participation across grades globally.
• Polypropylene (PP): Global PP pricing is being driven by propylene dislocation, as outages and feedstock risk sustain near-term strength, while slowing demand and uneven supply responses are driving widening margin divergence.
• Polyvinyl Chloride (PVC): Global PVC pricing is being set by route economics, policy shifts, and outages, as carbide supply caps Asia while exporters defend the global price floor against weakening end-market demand.
• Other Sector Developments: Feedstock costs fall on screens first and in plants later, and that delay, combined with persistent Middle East uncertainty, is sustaining pressure on Asia and Europe while advantaged systems hold ground.

Exhibit 1 – Chart of the Day: US resin producer equities rise with oil as downstream equities signal margin concerns.

Source: Bloomberg, C-MACC Analysis, April 2026