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Resin Pricing
TPE resin pricing, March 30-April 3: PE and PP climb, China export window opens
Resin PricingTPE resin pricing, March 30-April 3: PE and PP climb, China export window opensTPE resin pricing, March 30-April 3: PE and PP climb, China export window opens
Polyethylene (PE) prices were higher last week, as producers raised offers ahead of a renewed effort to increase prices, while buyers raised bids amid tighter supply. Spot-trading platform The Plastics Exchange (TPE) and its reporting partner the PetroChem Wire said spot domestic prices added about $0.01/lb. Export prices jumped $0.02-$0.03/lb, driven by active Chinese buying, which was prompted in part by the country’s recent government tax incentives.
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