Oil prices are down, but epoxy prices are still up!

Tuesday, January 6th, 2009 @ 3:37 pm

The title is self-explanatory.  How can oil prices drop in half but epoxy prices remain unchanged?  Epoxies come from only three major oil processors/refiners- We buy from all three, and none of them are able to explain why their prices are staying at all time highs.  When we get an answer, we will let you know!

Update July 13, 2009-

Seven months later, oil prices are still substantially down and appear to be going lower.  The  oil companies still haven not provided a reasonable answer.

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