The spot Polyethylene market was actually pretty active despite all of the unknowns in the world today. Though transactions were generally difficult and negotiations fierce, our trading desk managed to complete a decent number of transactions which approached our trailing 12-month weekly average. The impression might be that the country is completely shut down, but this simply is not true as we’ve only seen a few instances of temporary plant clos... [More]

Spot Polypropylene trading slowed as some non-essential businesses, responding to shelter in place instructions from local governments, reduced or temporarily ceased operations. The slower consumer driven demand, coupled with tumbling oil prices, caused buyers to hold off purchases until the dust one day clears or for some, lower prices are simply at hand. Of our completed transactions, volume favored offgrade truckloads, CoPP was the main mover ... [More]