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SpotContract
The Toro Company Reports Record Second Quarter Results (05/25/2017)
NOVA Chemicals to Raise USD1,542.18 Million in notes offering (05/25/2017)
Advanced Drainage Systems Announces Fourth Quarter and Fiscal Year 2017 Results (05/25/2017)
Loews acquires Consolidated Container Company for USD1.2bn (05/23/2017)
LyondellBasell to Address Bernstein 33rd Annual Strategic Decisions Conference (05/23/2017)
Solegear and Leading Biopolymer Producer, Braskem, Showcase good natured(TM) Recycling Containers at Sustainable Brands 2017 (05/23/2017)
Braskem, Sealed Air and Naturepedic partner to bring renewable foam polyethylene to the market (05/23/2017)
Hanjin P&C to Merge with Dongwon Systems (05/22/2017)
Dow Signs Agreements for Coatings and Silicones Investments in Saudi Arabia (05/22/2017)
ExxonMobil and SABIC Sign Agreement for Next Phase of Proposed U.S. Petrochemical Project (05/22/2017)
Andrew Liveris Appointed Co-chair of Saudi-U.S. CEO Forum (05/22/2017)
Reichhold Completes Merger With Polynt (05/22/2017)
Polyethylene
Spot Polyethylene trading was strong, transactions came together with relative ease. Pretty much all that was needed to transact HDPE injection was available supply at a reasonable price. Polyethylene producers gave their final $.03/lb increase a third shot in May, but hopes were dashed on Thursday when a major producer announced that they would hold contracts flat this month. Two other producers then shocked the market on Friday by following up ... [More]
Polypropylene
Polypropylene trading improved; while there was still a decent flow of offgrade railcars this past week, we have seen resellers’ prime inventories thin out significantly and overall supplies dry up. Processors also became a little more aggressive with their buy orders, bringing better stability to the market. After rallying some $.16/lb starting in December, spot PP prices peaked in the beginning of March and had since fallen $.10/lb. The market ... [More]
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