Blog
Market Report May 15
Spot plastics trading continued to improve, demand was much better as an increasing number of temporarily shuttered manufacturing facilities returned to operation, requiring resin to run. Trade flow from both buyers and sellers was fluid this week and our transacted...
Market Report May 6
Spot resin trading was mixed. Polyethylene business improved but was offset by slower Polypropylene sales. Overall spot prices ended mostly steady, though there was deep producer discounting along the way to help improve month-end sales; it remains to be seen if...
Market Report, May 4
Spot resin trading improved a bit this week, overall activity and completed volumes exceeded previous week’s levels, but still fell decently short of the average weekly performance that we achieved during the first quarter of 2020. Prices for all commodity grade...
Shannon Industrial March 24 Market Update
Our best hopes are that we, as humanity, join together to overcome the Coronavirus and the associated adversity that is ripping through societies worldwide. Please be safe and kind to others, these are trying times for all, and for some, much more than others. The...
Shannon Industrial March 18 Market Report
First and foremost, we express our sympathies and best wishes for those directly afflicted or affected by the Coronavirus. We hope it will be contained and eradicated quickly to stop the suffering, quell the fears and limit the heavy toll on society. The spot resin...
Shannon Industrial Market Report 3-10
Spot resin trading could best be characterized as cautious as the calendar flipped to March - it took a strong Friday to bring the week’s completed volume up to a satisfying figure. While there was a good flow of buyer inquiries, processors were a bit shy to confirm...
Shannon Industrial Corporation
2041 Dillard Ct.
Woodstock, IL 60098
(815) 337-2349