The spot Polyethylene market began December cautiously and quietly, failing to maintain the heightened pace seen at the end of November, which had become the norm for much of 2018. Transacted volumes and overall demand were both off, with most trading chatter coming from suppliers looking to unload their warehoused materials while passing along producer railcar offers, hoping to find a buyer before responding back upstream without a sale. Process... [More]

This past week was fairly active for Polypropylene, despite the fact that few deals were actually completed. Our trading desk fielded a healthy number of inquiries for immediate shipment, and while some orders were filled, in many cases, price expectations did not match up. Of those transactions that were completed, volume favored CoPP where prices had eroded $.04/lb this past week alone; HoPP slid a penny less. We found that many trading partner... [More]