Spot Polyethylene activity was uncharacteristically lackluster this past week; overall resin supplies remained relatively tight and prices continued to advance. Producers have all but officially secured their $.05/lb increase for September contracts, which brings the total gain to $.14/lb since March. Considering this Sept nickel, the PE market has now cleanly recovered the full $.14/lb of decreases that were implemented between Aug 2015 – Feb 20... [More]

Every once in a while, Polypropylene trading takes the spotlight – this was one of those weeks. There was plenty of HoPP and CoPP around - both prime and offgrade, offered in fresh railcars as well as packaged loads stored in warehouses as several major resellers began marketing their uncommitted inventory at reduced price levels. A number of buyers that have been waiting on the sidelines swooped in to procure relatively large volumes of resin th... [More]