The spot Polyethylene market was mostly higher in moderate trading. Prices were up $.01/lb pretty much across the board with the lone exception of LDPE film which was steady again - resellers still seem to be working through old inventories. Nonetheless, producers have pricing power and were able to fully implement their $.04/lb price increase in February. However, there was a surprisingly large number of reseller owned railcars that still requir... [More]

Spot Polypropylene availability increased and the offgrade market was softer, but our benchmark Generic Prime prices held firm again this past week. The spot market had previously given back the expanded premium that Generic Prime had fetched earlier in the year, so current asking prices already represent fairly thin margins over feedstock costs. PGP monomer is offered down $.01/lb for March, but is still up a net $.07/lb over the past 3 months t... [More]