Market Update & Summary March 8th, 2011:
Polyethylene prices were higher and availability has diminished. Resin producers finally secured part of the increase they have been pushing since December. With $.03/lb now achievedt, they are seeking in March the $.02/lb balance plus an extra $.06/lb that was already on the table. To add strength to this effort, a $.05/lb price increase has been issued for April.
Trade Analyst March 2011
Trade Analyst March 2011