Polyethylene trading was very active this past week, the first full week of February. Spot demand was robust and completed volumes were high, with multiple deals done in each of the commodity grade resins that we make markets. As usual, there were urgent truckload orders required to keep some plants in resin, processors also came to fill basic requirements as a slightly bullish bias seems to be developing. Some who only procured minimally in Janu... [More]

The spot Polypropylene market was uninspired this past week and prices for both HoPP and CoPP held steady. Buyer inquiries came slower than average and buyers were more interested in low volume orders. While railcar offers were flowing swiftly, we found relatively little uncommitted PP resin packed and ready to ship by the truckload. Even when the right resin was sourced, transactions were difficult to complete as there was often an insurmountabl... [More]