Polyethylene trading was active, processors have been tapping the spot market searching for relative deals compared to their rising contract prices. Few think that the current May $.03/lb increase will take hold, but then again, not many believed the last $.03/lb increase would have been implemented in April. Overall supply is ample at a minimum, but there are certain grades that have become difficult to source, including LDPE film grades and LLD... [More]

Spot Polypropylene trading activity remained heightened; buyers continued to access the spot market as they face a large jump in May contracts, the increase should be in the area of $.05-07/lb. The break in Polypropylene prices during the first quarter limited speculative Polypropylene imports, we are seeing very little surplus packaged material available. Spot prime domestic railcars are also fairly scarce and seem to be priced with an extra lit... [More]