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Market Update July 28

Market Update July 28

by | Jul 28, 2020 | Uncategorized

The spot resin markets remained fairly active, but completed volumes disappointed as Polyethylene demand has struggled to keep pace with rising prices and diminishing Polypropylene supplies challenged some sourcing efforts. Even so, our volumes this month have already...
Market Update July 14

Market Update July 14

by | Jul 14, 2020 | Uncategorized

Spot resin trading maintained its swift pace. Demand was very good and supply remained constrained, yet available. Prices continued to tick higher as all commodity Polyethylene and Polypropylene grades added another $.005/lb this week. Processors absorbed the June...
Market Update June 24

Market Update June 24

by | Jun 24, 2020 | Uncategorized

Although the flow of fresh offers diminished, spot resin trading still improved, as customer demand was better and buyers became more comfortable with the higher price level that has crept into the market. The overall spot market could no longer be characterized as...
Market Update June 10

Market Update June 10

by | Jun 10, 2020 | Uncategorized

The calendar flipped to June and the resin buying spree continued. It appears that our economy is making strong steps to put Covid behind us and a recovery is in full swing, notwithstanding the spate of protests and riots. The flow of offers remained reduced and...
Market Update June 4

Market Update June 4

by | Jun 4, 2020 | Market Update

The spot resin markets were very active as May came to a close, it was a stark change from the slow start to the month when many processors were shut down due to the pandemic. Domestic prices held steady this week with a firm undertone and offgrade prices snugged up a...