Spot Polyethylene trading continued to run at a rapid rate and prices rose as much as $.02/lb depending on grade. All spot commodity PE resins during 2014 are now up $.05/lb, except for super-tight LLDPE, which has soared $.09/lb. Cracker outages have limited monomer availability thus affecting Polyethylene production and resin availability. Producer railcar offers are scarce while resellers with uncommitted inventories are only slowly doling out... [More]

Spot Polypropylene trading was busy, but completed volumes fell short as inadequate quantities of well-priced spot material could be sourced. Active PP buying by processors and resellers amid limited supplies has maintained upward pressure on prices. August PP contracts are going to settle up at least a nickel and quite possibly more, so with some uncertainty at hand, Generic Prime resins are essentially absent in the market. Aside from rougher o... [More]