Resin Market Moves - Week 15: You Can't Control the Turbulence (But You Can Know Your Instruments)

This week delivered five market-moving events in seven days: crude oil swung 12% in 48 hours, TotalEnergies declared Force Majeure at LaPorte, Braskem challenged Brazilian antidumping duties on US PE, Celanese announced PA66 capacity closures, and Lone Star Funds moved to consolidate two major PA66 producers.Michael Workman breaks down what's signal vs. noise — and introduces the framework he shared at FlexForum this week: the instrument panel model for procurement. You can't predict market turbulence. But buyers who know their benchmark, their leverage map, and their cost model don't need to.This episode covers: Why PE nominations up 20¢/lb are margin expansion, not cost recovery What the PA66 capacity closures mean structurally How to read a Force Majeure letter before accepting a price increase And the Half-Penny Principle every convertor should understand.#resin prices #polyethylene market 2026 #polypropylene Force Majeure #PA66 capacity closures #Celanese #resin procurement strategy #plastic raw material costs #resin market update May 2026 #PET pricing forecast #polymer cost intelligence