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Shannon Industrial’s March Market Report

Shannon Industrial’s March Market Report

The resin markets were challenged this past week, pushed and pulled by opposite supply / demand forces which set a very nervous tone. Market participants took a big step back as another wave of the Coronavirus news shocked the stock market with fears it might trigger...

Shannon Industrial’s February Market Update

Shannon Industrial’s February Market Update

Spot resin trading was very good, though completed volumes were a tad light; however, considering President’s Day on Monday, we were still right on target for a 4 day week. The flow of offers was sporadic, with some grades scarce, and supplier asking prices for most...

Shannon Industrial Market Update

Shannon Industrial Market Update

Supply improved and railcars came and went in groups, as buyers were eager to procure material. This week’s sales favored railcars over truckloads and prime more so than off grade and buyers still sought more as the week came to a close. Export demand was excellent,...

Shannon Industrial Market Update

Shannon Industrial Market Update

Though the flow of both spot offers the resins requests slowed from rampant pace seen throughout January, a series of relatively large transactions generated an overall high volume of completed resin deals through our trading desk. There were several good swaths of...

Shannon Industrial Corporation

2041 Dillard Ct.

Woodstock, IL 60098

 

(815) 337-2349

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