Resin Pricing

Weekly Resin Report: Robust Processor Demand and Hurricane Threat Impact Spot Market Prices

Aug 25, 2020

Strong demand and substantial completed volumes in the spot resin markets last week led to inevitable rising prices as supplies thinned. Two major storms developing in the Gulf of Mexico prompted another wave of resin buying and price hikes.

Weekly Resin Report: Outlook for PE Prices Remains Bullish

Aug 18, 2020

Producers’ collective PE inventories currently are at their lowest level since November 2018, with some claiming to have no material to sell at any price.

Weekly Resin Report: Another Price Increase for August PE Contracts on Table

Aug 11, 2020

Tighter supply/demand conditions and upward market momentum will lend support to producers’ efforts to implement yet another $0.05/lb price increase for domestic August PE contracts, reports the PlasticsExchange.

Weekly Resin Report: PE Supply/Demand Balance Tightens

Aug 04, 2020

A series of turnarounds, outages, and delays coupled with thinning upstream inventories resulting from massive exports has placed the polyethylene (PE) supply/demand balance in a tight situation. Meanwhile, polypropylene inventories are at...

Weekly Resin Report: PE Trading Slows, as Processors Reckon with Relentless Price Hikes

Jul 28, 2020

Polyethylene (PE) demand struggled to keep pace with rising prices last week and diminishing polypropylene supplies challenged some sourcing efforts, reports the PlasticsExchange in its Market Update.

Weekly Resin Report: Strong Exports Push Spot Prices Higher

Jul 21, 2020

The seemingly insatiable international appetite for North American resin has been driving export prices higher, which, in turn, has been supporting domestic resin pricing and producer increase initiatives.

Weekly Resin Report: PE, PP Prices Continue to Tick Higher

Jul 14, 2020

All commodity polyethylene (PE) and polypropylene (PP) grades added another $0.005/lb last week. Processors absorbed the June $0.04/lb PE increase in stride and the upward momentum has been sustained into July, bringing the next $0.05/lb increase...

Weekly Resin Report: July Trading Starts with a Bang

Jul 07, 2020

Despite the Fourth of July weekend, participants still came to transact and closed a significant number of deals, as prices for polyethylene and polypropylene ticked higher.

Weekly Resin Report: Higher Price Cycle Now Underway

Jun 30, 2020

Processors were again searching for very well-priced resin, but by the end of the week, most seemed to recognize that the stellar opportunities available just a few weeks ago were history.

Weekly Resin Report: Spot Market Prices Continue to Rise

Jun 24, 2020

Spot polyethylene prices gained one cent on average last week, while polypropylene went up by a penny for the first time in seven weeks.

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