Plastic Commodity Research and Analysis
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Plastic Description Update
Plastic is a generalized name for several different synthetic, and organic compounds that share a relative similarity. The first plastic, discovered in 1855, was composed from the cellulose in plant walls, as well as nitric acid. In 1907 synthetic plastics, know as Bakelite, were discovered and quickly proved to be much more cost efficient. Since then plastic has become one of the most commonly used materials in the world. From plastic jugs, and tarps, to plastic shrink wrap this durable and versatile material has become a staple of everyday life. While plastic has historically been very cheap to produce recent spikes in the cost of petroleum, on which plastic is based, have driven up the price of plastic.
What Increases the Price of Plastic?
What Decreases the Price of Plastic?
Trading / Investing Strategy for Plastic? Update
Bullish Case for Plastic?
Bearish Case for Plastic?
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