Resin Shortage 2024. The plastics industry, in particular, has continued to be impacted. Plastics markets should start to improve in the second half of 2023, and the industry should expect strong growth in 2024, according to plastics news economics.
On january 26, 2024, a tier 3 shortage was declared for cholestyramine and tier 3 status was proactively assigned to colestipol. The impact and duration of the resin shortage are wholly unknown, but there’s little doubt that the foreseeable future is dictated by the resin shortage.
A Tier 3 Status Was Also Proactively Assigned To.
Offset the unpredictability of the resins market.
Pe Prices Hold Steady, Pp Drops Another Two Cents.
North american resin prices barreled through november with the same reckless behavior they’ve shown in the first 10 months of 2023 — and 2024 might hold.
Many Plastic Resin Makers Deferred Maintenance On Their Facilities Early In The Pandemic, But Masterson Said That Activity Cannot Be Delayed Further.
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The World Is Suffering A Raw Material Shortage, And Its Effects Will Likely Continue For The Foreseeable Future.
Offset the unpredictability of the resins market.
While Price Initiatives For Pe And Pvc Were Underway, Resin Prices Had Rollover Potential For First Two Months Of 2024, Perhaps With The Exception Of Pet.
Supply shortages and soaring prices put processors on edge.