As suspected and stated in the last blog post, it appears confirmed that September resin pricing will remain flat and the August increase of 3 to 5 cents per pound has settled in at a flat 5 cents.

There is a nomination pending for a 6-cent per pound increase for October. At this time supplies are good but there is not a ton of surplus material in warehouses. It looks like a month of normalcy with no spikes in pricing in either direction. Whether the October increase takes effect or not is, as usual, a wait-to-see matter. Our sense is that there is a good chance that at least part of the October increase will go in.

Lead times for finished product remain in the normal range. As always, our customers’ needs predominate when we set our schedules.