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Resin Pricing
TPE resin prices, March 18-22: PE down $0.01; PP off $0.03/lb; February contracts move in opposite directions
Resin PricingTPE resin prices, March 18-22: PE down $0.01; PP off $0.03/lb; February contracts move in opposite directionsTPE resin prices, March 18-22: PE down $0.01; PP off $0.03/lb; February contracts move in opposite directions
Spot polyethylene prices slid a penny last week, while spot polypropylene prices continued to unravel, sliding another $0.03/lb so that they're now sitting $0.10/lb below their mid-February highs. Spot-trading platform, The Plastics Exchange (TPE) reported that producers secured their $0.04/lb increase split between February and March, with polypropylene contracts settling down $0.06/lb early this month.
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