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TPE resin pricing Feb. 2-6; PE and PP rise, PS flatTPE resin pricing Feb. 2-6; PE and PP rise, PS flat

Polyethylene (PE) trading activity and prices increased last week, according to spot-trading platform, The Plastics Exchange (TPE) and its reporting partner The Petrochem Wire. As January contracts closed, a range or prices were reported, from flat, to increases of $0.03 and $0.07/lb. Producers that didn’t achieve the full $0.07/lb increase for January are looking to tack it on in February.

MPW Staff

February 9, 2009

1 Min Read
TPE resin pricing Feb. 2-6; PE and PP rise, PS flat

. As January contracts closed, a range or prices were reported, from flat, to increases of $0.03 and $0.07/lb. Producers that didn’t achieve the full $0.07/lb increase for January are looking to tack it on in February. Market wide, producers are seeking a $0.05/lb increase for February and $0.03/lb to $0.06/lb increases in March. Supplies of all grades of PE were tight, with high-molecular-weight high-density polyethylene (HDPE) film in particularly short supply, and up about $0.03/lb, trading in the mid-high $0.40s/lb. HDPE blowmold and injection grades, as well as linear low-density LLDPE Butene film, all rose $0.02-$0.03/lb, settling in the lower-mid $0.40s/lb. Low-density polyethylene (LDPE) clarity was also about $0.03/lb to trade in the mid-high $0.40s/lb. Export interest remained steady from South America and Mexico, while Asian demand has resurfaced.

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