Spot Polyethylene activity bounced back from a surprisingly slower previous week to post solid volumes and stronger prices. PE prices rose another penny on average, with some grades up as much as 2-cents. Force Majeure conditions remained as production continued to be strained in the aftermath of Hurricane Laura. Few fresh railcar offers had been made available, so as pressure mounted, buyers turned to the spot market to fill in supply gaps. Rese... [More]

The Polypropylene market remained very strong as demand outstripped supply; our completed volumes again ran above average and spot prices advanced further. Processors continued to procure material needed to bridge short term supply gaps and with no fresh Prime railcars offered, reseller’s inventoried stocks provided good liquidity, but by the end of the week, availability diminished significantly. There were a healthy flow of high quality offgrad... [More]