Polyethylene trading was considered light, buy orders trickled in against increased availability and prices managed steady with a weak undertone. There was a steady flow of offerings including some prime railcars from resellers who shaved their asking prices in effort to flip forecasted yet unsold resin, rather than take the extra material into inventory. However, the discounts did not overly excite many processers some who claimed to already hav... [More]

The spot Polypropylene market saw good turnover as November came to a close, prices eased another cent which was welcomed by buyers who came to the market with orders in hand. There was a lighter flow of offgrade railcars for sale, and contrary to the PE market, few prime railcars that needed a home late in the month. The PP market has actually been feeling quite snug, as producers have kept their production in check to match demand which waned a... [More]