US resin production to fall 6% in 2020, rebounding in 2021 by increasing 13 %, year over year.
Prices of volume resins bottom out. Increased exports, higher prices for feed stocks, and a slow ramp up of production of industrial goods are projected to stabilize resin prices, Upward pressure on PE and PC seems certain. MMA and PC also rising due to unprecedented increased demand due to infection barrier applications.