LLDPE Resin Pricing by quick pak inc

Polyethylene prices shed $.02/lb, which brings the rolling 30-day loss to $.06/lb. The break comes amid ample material availability, quickly falling monomer prices and lower contract prices. Despite tight feedstock supplies and high spot costs, producers ran reactors above 90% in April, which proved way too much considering the lowest domestic demand in 2 years and while exports are the worst since Jan 2009.