Spot Polyethylene trading was good, but not great; our trading desk was busy quoting opportunities, but domestic demand lacked luster and buyers were reluctant to submit sizable orders. We have now seen this type of activity for a few weeks as buyers have seemingly been out to source their near-term needs while still considering their desire for minimal year-end inventories. Prices slid as suppliers competed for orders, which led to another week ... [More]

Polypropylene trading picked up this week as we completed a multitude of truckload (and some railcar) transactions in Houston and around the country. Overall resin availability was good and most materials could be sourced for immediate shipment. Weaker feedstock costs are pointing to lower Nov resin contracts and suppliers got ahead of the game by offering cheaper spot PP prices, down about 2-cents, which spurred better buying. PP Copolymer deman... [More]