Spot Polyethylene trading was a bit better than average and prices held firm, building on the general stability seen over the past few weeks. HDPE resins are still readily available, but we are starting to see some tightness in Prime LDPE and LLDPE film grades; offgrade remains ever-plentiful. Polyethylene contracts decreased $.05/lb in February, bringing the total 4 month relief to $.16/lb. Houston export prices have firmed along with the Intern... [More]

The Polypropylene market was lightly traded, prices held steady at levels $.05/lb above the low price of this cycle which occurred at the end of January. Lyondell Basell declared Force Majeure on certain Polypropylene products due to a production disruption; they join three other producers facing similar supply issues. Tight resin supplies have contributed to PP producers’ success in achieving margin expansion over the past couple months, includi... [More]