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SpotContract
Freezing Temperatures and Production Issues in the US Gulf triggers a Force Majeure and Lifts PGP Monomer, PP, and PE Resin Prices (01/19/2024)
Propylene Prices Continue to Climb Higher (11/09/2023)
Spot Propylene Prices Continue to Run Higher (10/20/2023)
Baystar Starts its New Polyethylene Plant in Pasadena, TX Utilizing its Borstar Technology (10/03/2023)
Braskem Halts Production at Marcus Hook Amid Industry Shifts (09/27/2023)
ExxonMobils $2 Billion Baytown Expansion (09/20/2023)
Two Fresh Force Majeure Declarations Amid Feedstock Woes (09/14/2023)
LyondellBasell to Close Oldest PP Unit Amid Market Challenges (09/11/2023)
PGP Monomer Market Faces Upward Pressure as Key Facilities Go Offline (09/07/2023)
DuPont Sells a Majority Stake in its Delrin Acetal Business, Continuing its Long History of Divestitures (08/25/2023)
M. Holland Co. Sells Majority Interest to Ravago Group (08/23/2023)
Delayed Recovery in Global PE & PP Markets (08/08/2023)
Polyethylene
Spot Polyethylene trading was reduced as many market participants attended NPE, which limited our transactions. As expected, our completed volumes fell short of our traditional averages, though the market still felt good and we expect activity to pick right back up in the week ahead. There was considerable export demand live at NPE and we lightly filled some orders, but without a steady flow of offers, high volume dealings were challenging to com... [More]
Polypropylene
Spot Polypropylene trading activity slowed as industry players at NPE were more focused on long-term business than short-term operations. There were still deals to be done, particularly late in the week when we saw a flurry of railcar offers, most of which were scooped up fairly quickly as we found resellers still short of material to fill customer commitments. This has been a continuing trend over the past 6 weeks as orders were taken expecting ... [More]
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