Prime Polyethylene transactions dominated our spot resin market and prices gained ground for the second straight week. Deal volumes for PE grades were nicely above average, as prices gained another half-cent. LLDPE was our major mover, followed closely by LDPE grades and then HDPE. The market was largely starved of supply the past few weeks while packaging and rail delays added another level of complexity, bringing numerous requirements for quick... [More]

The Polypropylene market was busier and completed volumes approached the typical average as prices ticked higher. Railcar transactions were heavier as trading activity returned to normal; logistics and packaging delays are requiring more lead time, and brought strong demand for packaged PP. The improved demand was well spread between both HoPP and CoPP grade groups and comes ahead of Heartland’s extended PGP/PP unit turnarounds up in Canada that ... [More]