The spot Polyethylene market stepped up its pace, completed volumes were healthy despite Friday mostly observed as a holiday – most saw it as Good while others just Passed Over. Our trading desk completed an above average number of transactions as buyers came to the market to buy for not only prompt delivery but also ahead. Activity was spread pretty evenly among grades and no material particularly stuck out. Although our spot prices were flat th... [More]

Polypropylene trading was lackluster this past week. Demand was off and fresh offerings also fell short of their usual pace. Buying activity was mostly seen from processors seeking to fill in their immediate needs with some reportedly adding to on-hand inventories. After recovering a penny or two from the cycle low, spot PP levels held steady for the second week in a row. Spot PGP monomer prices still support a modest price increase, while the fo... [More]