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Why the Price of Plastic Is Crashing After a Record Surge
Odd Lots
Plastics - What's the Price of Plastic?
I typically default to like a polyethylene price or a high density polyethylene or a polypropylene price, but like you're talking around $1,000 a ton. And where did that, you know, what was that pre-crisis and where did it get to it at its peak in 2021, roughly? Sure. So again, this comes down to where we are with oil prices because that's going to dictate on the margin what people can actually operate at. I think that there's definitely room for further margin contraction here.
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