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Most resins saw prices drop in December

Plastics News

Strong seasonal demand for bottled water and other beverages played a role in earlier PET price increases, as well as a lack of new capacity and freight and logistics challenges. Even with those declines, North American PET prices finished 2022 showing a net increase of 16 cents.

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

“Four of the six biggest manufacturing industries — Petroleum & Coal Products; Computer & Electronic Products; Transportation Equipment; and Machinery — registered moderate-to-strong growth in July. ” [Computer & Electronic Products]. ” [Food, Beverage & Tobacco Products]. ” [Machinery].