Spot Polyethylene trading continued to hum along at a rapid rate. While there is still plenty of material available for prompt shipment in both bulk railcars and packaged truckloads, the volume of offers has diminished. We are seeing a level of consolidation in PE pricing; the domestic offgrade and prime export markets fell first and fast, dropping an average of $.20/lb (with variance by grade) from the Autumn high – each market recorded a small ... [More]

The Polypropylene market continues to be best characterized by spotty and constrained supply with gently firming prices. Several PP plants are still experiencing production issues keeping overall resin availability snug. Contract railcar buyers do not complain of sourcing shortfalls; however, traditional spot buyers, who historically pick their moments and buy well, have more recently been challenged to find the right resin at the right price (we... [More]