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A major North American pricing index just announced a non-market adjustment (NMA) for polyethylene. Depending on the grade, the impact is between 25cpp-35cpp. On paper, it looks like a massive correction. In reality? It’s creating confusion across procurement, finance, and executive leadership teams. A non-market adjustment corrects index history — it does not automatically change your invoice. It is not driven by supply/demand or feedstock collapse. Once accepted, elevated baselines can persist for multiple cycles. The first move is validation — not panic renegotiation. For polyethylene-heavy buyers, this isn’t just noise. It affects everything. -Budget variance -Margin transparency -Negotiation leverage -Long-term profitability The real damage isn’t the number. It’s what happens if you accept it without understanding your grade-by-grade exposure. In this special edition of the Resin Market Brief, Brian Balboa and Kevin Mekaru break down: What an NMA actually is Why it happens Why PE buyers are uniquely exposed What smart procurement teams are doing right now If your contracts are index-linked, this is required listening. #ResinSmart #Polyethylene #ProcurementStrategy #NonMarketAdjustment #PlasticsIndustry #ResinPricing #CFOInsights