Polyethylene trading was moderately active amid flat pricing, there was a more normal flow of inquiries, but the closing ratio left something to be desired. The increase in activity saw material change hands across all PE commodity grades in our marketplace, with LDPE Film as the primary mover. Large volumes of export resin for verified export were again seen at deeply discounted prices. There was good availability of fresh offgrade railcars for ... [More]

The Polypropylene market was slightly more active as prime prices held firm alongside stable PGP levels. Still, the offgrade PP market has yet to clean up as there was another heavy flow of railcars that ranged in quality from non-descript to near-prime. The constant pelting of offgrade railcars at ever-competitive pricing has provided processors the confidence to buy only as needed. This type of activity has driven just in time demand, and Prime... [More]