Spot Polyethylene trading returned from the holiday break with a bang. Our trading desk was busy filling orders as market participants made up for lost time, mostly procuring material for near term delivery dates and keeping orders smaller, perhaps anticipating lower pricing ahead. Spot PE prices decreased a penny last week, except for LLDPE Injection which held flat. Producers continued to reiterate their intention to increase contract prices $.... [More]

Spot Polypropylene trading was very busy, there was a steady flow of buyer bids / seller offers that pelted the market and prices slid a cent. The vast majority of domestic offers were widespec railcars, while prime needs were often filled with packaged imports. Processors picked away with mostly truckload orders as elevated prices in the 70s and into the 80s discouraged higher volume purchases. Still, the market is getting used to seeing these p... [More]