Early in the week, Polyethylene prices paused in their ascent, but the rally regained steam as details emerged that some production disruptions would persist. HDPE for Blow Molding, which has been our highest volume traded material, has also seen the largest gains. This grade added another nickel this week, bringing the post-hurricane increase to a stunning $.175/lb. With prices soaring, supply has come out of the woodworks. There have also been ... [More]

The spot Polypropylene market has also seen a tremendous price rise and while transacted volumes have also soared, trading has been curtailed by limited supply. Spot railcars from areas outside of Houston have continued to flow, but there’s been nary a chance to secure many. Pockets of warehoused PP material continue to deplete, and once they sell, the next best offer has generally been $.02-.03/lb higher. Spot PP has sprinted well ahead of PP co... [More]