The Spot Polyethylene market continued to gather steam and approached pre-pandemic activity levels as more of the US began to reopen from stay at home orders. Our trading desk was once again busy working the growing number of sourcing requests that came to our platform and transaction levels reached the realm of our 2019 averages. Spot pricing had a very firm undertone and the low end of the spectrum cleaned up, though it was not enough to move t... [More]

Spot Polypropylene trading was good, but not great, demand lagged a tad and there was sufficient supply to meet our incoming resin requests. Sectors of the Polypropylene market are still slow, but automotive manufacturing facilities are poised to re-open which should enable fresh demand. The reseller community still has some inventory to shed and few are excited to procure more material to just add to their PP stocks, which has likely contributed... [More]