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Rare Deflation: Growing US production of plastic resin from natural gas expected to continue to reduce the price

The contract price of polyethylene is down 21% from January, while production "in North America, which is dominated by US companies, is expected to increase 13% by 2023, with Exxon Mobil Corp. and Shell Plc ramping up new plants in Texas and PA.
Yahoo-Bloomberg
2022-08-12 15:02:43