Resin Pricing

Weekly Resin Report: Spot PE Market Pumps the Brakes

Jun 16, 2020

Polyethylene (PE) prices moved higher in the spot resin markets, stifling some demand, which was also hampered by social unrest and large gyrations in the equity and energy markets.

Weekly Resin Report: Recovery in Full Swing at Trading Desk

Jun 10, 2020

Just a month ago, the resin market was essentially in free fall. That changed dramatically, as strong exports, reduced production, and a rapidly recovering oil market moved polyethylene prices higher while polypropylene held steady, according to...

Weekly Resin Report: Trading Activity Rebounds, but Processors Still Wrestle with Uncertainty

Jun 02, 2020

Many processors tapped the spot market, fearing that this would be their last chance at these stellar prices. Others decided to wait, not because of price, but rather uncertainty regarding future business.

Weekly Resin Report: Spot Trading Picks Up, as Supply, Demand, and Pricing Fears Recede

May 27, 2020

Strong export demand, more stability in energy and feedstock costs, shuttered facilities reopening, and fresh opportunities to reshore manufacturing put a bounce in buyers’ and sellers’ steps.

Weekly Resin Report: Trading Activity Picks Up, as Manufacturers Begin to Reopen

May 19, 2020

Trade flow from both buyers and sellers was fluid last week and transacted volumes rivaled the average tally seen during the strong first quarter of 2020, reports the PlasticsExchange in its Market Update.

Weekly Resin Report: Market May Have Hit Bottom, for Now, as PE, PP Prices Record Slight Uptick

May 12, 2020

A $0.01/lb spot increase for most commodity-grade polyethylene (PE) and polypropylene (PP) resins last week was a small, yet meaningful, uptick compared to the much larger decline seen over the past couple of months, notes the PlasticsExchange.

Weekly Resin Report: Producers Reduce Output to Combat Over-Supply, Sliding Prices

May 05, 2020

Dow announced last week that it will idle three polyethylene plants for at least one month to help balance against lower demand and diminishing storage space. The PlasticsExchange expects other producers to follow suit.

Weekly Resin Report: Eroding Demand and Epic Plunge in Oil Prices May Lead to Rationing of Resin Production

Apr 28, 2020

Aside from worldwide resin demand taking a huge coronavirus hit, the loss of easily exporting incremental pounds from North America probably will require the short term rationing of resin production, perhaps even the shutdown of some crackers and...

Weekly Resin Report: Historically Low Resin Prices Fail to Ignite Sales

Apr 21, 2020

Most participants recognize that these prices will create an excellent opportunity to stock up, but also that there is probably still time as resin prices continue to slide.

Weekly Resin Report: Prices Slip, but Don’t Crater, in Spot PE Market

Apr 14, 2020

Spot polyethylene (PE) prices were steady to a penny lower last week, while polypropylene prices firmed a cent based on higher propylene monomer costs, reports the PlasticsExchange in its Market Update.

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