Why the Price of Plastic Is Crashing After a Record Surge
Odd Lots26 Des 2022

Why the Price of Plastic Is Crashing After a Record Surge

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.

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Episoder(1185)

Episode 16: Making Money When Everyone Else is Losing Theirs

Episode 16: Making Money When Everyone Else is Losing Theirs

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How a Rural Irish Farmer Became an Expert on the Euro Crisis

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In theory, anyone with an internet connection can became an expert on just about anything from just about anywhere. In the latest edition of Odd Lots, we speak with Lorcan Roche Kelly, a cattle farmer...

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Episode 12: How a Consultant Foresaw the 2015 Commodities Crash

Episode 12: How a Consultant Foresaw the 2015 Commodities Crash

On this episode, co-host Tracy Alloway is joined by Bloomberg Markets reporter Luke Kawa for a journey back in time. As the global elite mingle at the World Economic Forum's annual meeting in Davos, S...

25 Jan 201623min

Episode 11: How David Bowie Became a Financial Product

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When the world lost David Bowie this month, it lost one of modern music's undisputed geniuses. Less well-known is Bowie's contribution to the financial world. In this episode of Odd Lots, hosts Tracy ...

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Episode 10: How the World Ended Up With a Boring Banana

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This week, we're taking on one of the most fragile commodities markets around. No, it's not oil (though we do get to that later in the program), it's the market for bananas. Dangerously reliant on a s...

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Episode 9: The 2016 Predictions Episode

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