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October 2025 Resin Update | Buyers Still in Control as Markets Stay Weak | 10/27/25
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Despite a September inventory draw, North American resin markets remain oversupplied and weak. Producers are testing increases, but fundamentals say otherwise.
Highlights
• Polyethylene draw of 336M lbs but still +400M YoY – demand soft.
• Polypropylene contracts tracking –4 to –5¢ as PGP costs collapse.
• Polystyrene, ABS, PC, PVC – stable to lower pricing.
• PET still flat with weak demand and feedstock declines.
Key Takeaway: Buyers remain in the driver’s seat as suppliers destock before year-end. Now’s the time to benchmark your pricing and capture margin back.
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