HDPE and Homopolymer PP resins moved higher in North America in February by about 3%.

PET and rPET resins declined by about 3% in February in North America

Rigid plastics resins moved higher by more than 5% in Latin America in February after prices had been depressed for several months.

Most resins continued to soften in February for Europe but we are approaching an inflection point for rigid plastic resins. in the region.

In China and Southeast Asia, rigid plastic resins were flat to higher.  PP resins moved upward by more than 5% in February.  And PVC resins

were up quite sharply in the region.

HDPE blow molding resin Modestly higher in all regions

PP Injection molding resin Lower price trend has likely ended and modest increases are projected

PET Bottle Resin Prices in North America will be up by more than 4% in 2023

PVC Bottle Resin Very week prices in North America have ended

HDPE Prices will move up in Q1 but much less than resin producers are seeking

PP Higher in Q1 on stronger monomer prices

Latin America

HDPE Prices have been depressed on competitive imports.  Latin American prices

                                                        will move up by 5% to 10% in 2023

PP Similar to HDPE, PP has been depressed in Latin America and will snap back in 2023

HDPE Resin Prices are still softening but this trend will end by February

PP Similar to HDPE

PET Bottle Resin Declines for PET resins came to Europe later and inflation for 2023 will likely

underperform other regions

HDPE Modestly higher in 2023 if crude oil prices advance as some believe will ocur

PP Supply outages impact PP resins more in Asia and this will be inflationary

PET Bottle Resin Softer in January but will regain strength later in beverage season but only modestly so.