The Spot Polyethylene market was pleasantly busy for a Thanksgiving Holiday week that many expected to be very quiet. Our trading desk was busy working transactions from many different types of buyers and we generated completed volumes that reached the higher side of average. There was good demand spread across the full slate of PE commodity resins that we make markets and also maintain inventory for added spot liquidity. Harder to find resins li... [More]

Polypropylene trading was fine for a holiday interrupted week; sourcing remained difficult as supplies remain categorically tight and prices ended flat with a firm undertone. Offgrade railcars continued to come and go, but there were few Prime cars to be found. Good pockets of Prime packaged HoPP and some CoPP were found in Houston, some of the material sold, and then asking prices for remaining lots were raised a couple cents anticipating higher... [More]