Polyethylene trading saw average volumes change hands as domestic spot prices shifted back to the downside following just over two weeks of stability. Nicholas took out one HDPE unit in Texas due to widespread power outages, having seemingly no impact on the somewhat bearish market sentiment. HDPE Injection, 7 and 20 melts, are still difficult to procure, keeping the strongest premium out of all PE grades. But like HDPE Blow, Injection material i... [More]

Spot Polypropylene prices came down amid slower activity, moderate to weaker demand, and growing inventories. A good flow of HoPP railcars were offered, hitting the full range from fractional melts up to melt blown material of 1500 melt. CoPP resins were also well represented. Resellers were seen offloading inventories, but the jump in PGP caused PP producers to hold fairly firm on their spot pricing, which kept PP from falling further, while pat... [More]