The Polyethylene market remains supported by relatively tight upstream inventories and rising spot monomer costs. Spot PE prices were steady to higher depending on material; film grades were the strongest, particularly LDPE, which is suffering from production issues. HDPE supplies remain adequate, although in many cases, these prices have also ticked higher. Producers and processors continue to spar regarding the January price increase. Producers... [More]

Spot Polypropylene continued to rally, adding another $.03/lb; prices are now up about a nickel during January. This is significant price movement considering that PP contracts were steady in both Jan and Dec. The current deviation is based on tight inventories from end of the year de-stocking along with tempered resin production which created an under-supplied environment, and more recently the rapid-run up in spot monomer costs. Spot monomer fo... [More]