23 min listen
Why the Price of Plastic Is Crashing After a Record Surge
FromOdd Lots
ratings:
Length:
37 minutes
Released:
Dec 26, 2022
Format:
Podcast episode
Description
Plastic is in almost everything and prices of polypropylene, polyethylene and a host of other polymers went nuts in 2021, surging to record highs. Now they've come crashing back down to Earth and have reached a two-year low. So what happened to send the price of plastics surging, and why are they falling now? Were plastics a perhaps under-appreciated source of inflation given that they go into practically everything? And where does plastic come from anyway? On this episode of the Odd Lots podcast, we speak to Bank of America Commodities Strategist Warren Russell about the wild ride for plastics over the past couple of years, and what it means for the future of the petrochemicals industry.See omnystudio.com/listener for privacy information.
Released:
Dec 26, 2022
Format:
Podcast episode
Titles in the series (100)
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