Polyethylene trading was good, but not great – there was a lot of quoting, though transactions were difficult to complete. Buyers in need of material were willing to pull the trigger, but otherwise, it appeared like a lot of window shopping. Processors seemed to be testing the market for price in light of proposed tariffs and the pending $.03/lb increase, which has rolled from April. Export prices in Houston have been coming under pressure to rem... [More]

Polypropylene trading this past week left something to be desired… like better supply and demand! Continued production issues, including 2 active Force Majeure situations, have kept spot PP supplies particularly snug. While offgrade prices have been soft, and much of it being exported, finding larger volumes of surplus prime material has been a challenge. Producers will lean on these tight supply/demand conditions as they seek to implement a marg... [More]