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SpotContract
Pemex Polyethylene Production Down in Mexico Following Pipeline Explosion (09/22/2022)
Dow Chemical Joins the Push for Fall Polyethylene Price Increases (09/19/2022)
LyondellBasell Notifies Customers of Likely Service Slowdown as Railworker Strike Looms (09/13/2022)
Logistics Constraints Lead Dow to Lower Global Polyethylene Operating Rates (08/24/2022)
Key Resin Port in the West Cost Maintains Record Activity in July (08/19/2022)
July PGP Settles... (07/29/2022)
Houston Container Traffic at Record High in June (07/26/2022)
TotalEnergies Lifts Force Majeure on Polypropylene from Texas Facility (07/12/2022)
Heartland Polymers Fills its First Polypropylene Railcar from New Canada Facility (07/05/2022)
June PGP Settles... (06/28/2022)
AmSty Seeks Another Polystyrene Increase for July Amid Recent Supply Drop, Higher Feedstock Costs (06/27/2022)
A Second Polyethylene Producer Reduces Its June Increase, Proposes a July Increase (06/17/2022)
Polyethylene
Polyethylene remained the more dominant resin transacting across our platform. Our Prime prices held firm, while the low-end of the market continued to rise. As we have previously pointed out, spot prices eroded much faster than contracts, so contract decreases could still be easily justified. Buyer interest was primarily seen for Injection grades, with good demand for each HDPE, LDPE, and LLDPE against relatively scant spot supplies vs film grad... [More]
Polypropylene
Polypropylene trading lacked luster as weak demand continued for various reasons such as the slowing global economy, near-term economic uncertainty, ongoing overproduction of resin, and buyers flexing their negotiating strength. HoPP peeled off a nickel, and CoPP dropped even further, by a full $.08/lb, putting prices at their lowest level since Dec 2020. The spread between both grades also dropped down to $0.07/lb from a dime, which had been in ... [More]
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