Polyethylene producers implemented $.19/lb of first quarter increases and have as much as $.09/lb on the table for April. Prime Blow Molding resin has essentially been non-existent in the spot market, though some offgrade has begun to show and cargoes are on the water from Asia and again from the Middle East (now that the Suez Canal has cleared). High flow HDPE injection grades remain extremely tight while low melt grades such as for Pail and Cra... [More]

Polypropylene supplies were incredibly short even before the severe winter storm, so the additional disruption was untenable and prices reacted accordingly, quickly racing up to the $1.50/lb level. While some grades such as CoPP No Break and Random Clarified resins pressed beyond this barrier, most other PP materials stalled and just held this lofty level throughout March, even as contract prices fell some $.125/lb, including an $.185/lb slide in... [More]