So should I take from this that the low cost of raw material is causing a boom in the American plastics industry?
Five years ago while on a mission trip to rural Mississippi south of Memphis, I saw hundreds, if not thousands, of units of idle railroad rolling stock, virtually all of it bulk plastic containers. I assumed it was idle because the plastics industry was going overseas. Does this also mean that a good deal of that rolling stock will be reactivated?
There is a big growth coming in the production of the feedstocks, making the polymers and plastic pellets that are used to make film/bag as well as harder injection molded plastics. I expect it will lower the price of those items.
Does this also mean that a good deal of that rolling stock will be reactivated?
I don't know the status and demand of the rolling stock.