Spot Polyethylene trading was good, buyers were searching for resin all along the slate of commodity grades and prices mostly edged a half-cent higher. While there was not a heavy flow seen, there were indicative offers for Generic Prime railcars at prices similar to late November and most commodity grades are currently available in packages out of Houston. Buyers’ enthusiasm for contract price relief is waning as supply/demand dynamics are fai... [More]

After a fairly long period of stability Polypropylene prices have broken out to the upside - spot PP prices added $.02/lb to the previous week’s $.01/lb gain. Rising monomer costs and generally tight resin supplies brought about the upward pressure. Dec PP contracts are settling up $.04/lb along with PGP, as such, resin buyers were eager to snap up well-priced offers. Phillip’s Bayway plant is finally coming back on-stream and when prime mater... [More]