Resin prices tave been correcting downward over the past two months in all regions following the ceasefire announcement in the Middle East.  Although conditions are somewhat shaky, resin markets have adjusted to the initial supply outages with a more rational perspective.

Noteworthy impact on rigid plastic packaging by region is outlined below.

PP Resin  -9

PVC Resin  -7%

GPPS Resin  -7.6%

HIPS Resin  -6%

HDPE  -8%

HDPE Resin  -11%