For the third week in a row spot Polyethylene prices eased slightly. Film processors have backed away from buying, reporting healthy inventory already on hand and citing only moderate demand for their finished goods. Although upstream resin inventories grew in September, they are still relatively light, but balanced off by unenthusiastic buying activity, both domestic and export. Resin producers have not overtly diminished their intent to increase October resin prices by 5c/lb
watch this space...