Polyethylene prices this week 2.22.2013
Polyethylene
Spot Polyethylene prices started the week firmer, but ended steady and with a negative bias. Sentiment weakened as monomer markets fell and one PE producer postponed their $.04/lb price increase until March; others have yet to follow, but some competitive offers are reportedly being met. Generic Prime railcars have been slow to show, but we anticipate better spot availability ahead.
Spot Polyethylene prices started the week firmer, but ended steady and with a negative bias. Sentiment weakened as monomer markets fell and one PE producer postponed their $.04/lb price increase until March; others have yet to follow, but some competitive offers are reportedly being met. Generic Prime railcars have been slow to show, but we anticipate better spot availability ahead.
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