Polyethylene activity picked up a tad, but there was plenty of window shopping rather than actual resin buying and completed volumes were again fairly weak. HDPE Injection and Blow Mold grades lost a nickel and hence were the biggest movers in terms of pounds, followed by Film grades of LDPE and LLDPE, all of which reflect more wide spread material availability. Lower volume LDPE and LLDPE Inj kept the strongest premiums as availability has only ... [More]

The sharp drop in PGP may be an indication that Polypropylene producers could be slowing down production in an attempt to hold on to margins. Prime PP prices chunked off a hefty $.07/lb this past week, though there were even more deeply discounted offgrade railcars. PP buyers remained patient as they work down inventories awaiting further discounted prices ahead, as such, forecasted contract orders could fall short of expectations backing up addi... [More]