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Resin report: PE supplies plentiful, prices slipResin report: PE supplies plentiful, prices slip

The resin markets continued to transact at an elevated pace, with the second half of September more than making up for a slow start to the month, writes the PlasticsExchange in its weekly Market Update. Transactional volume continued to be greatly slanted towards polyethylene (PE), where supplies are plentiful and prices are under pressure. The flow of PE offers was high again the week of Sept. 28, and prices slid a cent across the board. Polypropylene (PP) prices held steady and offers were limited, but material could be found against buyer requests.

PlasticsToday Staff

October 6, 2015

2 Min Read
Resin report: PE supplies plentiful, prices slip

The resin markets continued to transact at an elevated pace, with the second half of September more than making up for a slow start to the month, writes the PlasticsExchange in its weekly Market Update. Transactional volume continued to be greatly slanted towards polyethylene (PE), where supplies are plentiful and prices are under pressure. The flow of PE offers was high again the week of Sept. 28, and prices slid a cent across the board. Polypropylene (PP) prices held steady and offers were limited, but material could be found against buyer requests. PE export orders are shipping, but plenty more material is still waiting to be packaged, complicating Houston area logistics.

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