Polyethylene maintained its stance as the dominant traded resin as we entered the new month. The heavy volumes were once again above our usual levels, and was helped in part by the continuation of high volume offers that were priced to move. The majority of our completed orders were for export, as producers targeted robust demand from a variety of international regions, while limiting domestic offers as local buyer interest was good, but less ent... [More]

Polypropylene business rebounded from the slow showing seen a week earlier. Spot prices continued to slide as still falling monomer costs were passed downstream. There was a typical flow of offgrade railcars with a small smattering of prime peppered in, and some producers were seeking volume orders to fill out their Dec reactor schedule. Processor demand improved somewhat as these prices, now the lowest of the year, have been deemed compelling en... [More]