Stretch Film Resin Pricing News
Polyethylene gave back the half-cent it had garnered the previous week - we could be seeing the highest PE prices for this market cycle.
Resellers and exporters were aggressive sellers, influenced more by falling Ethylene prices than the $.04/lb price increase nominated for April.
Polyethylene contracts already rose $.09/lb during the first quarter and based on the current condition of the spot Ethylene market, this added increase seems unlikely.
Resellers and exporters were aggressive sellers, influenced more by falling Ethylene prices than the $.04/lb price increase nominated for April.
Polyethylene contracts already rose $.09/lb during the first quarter and based on the current condition of the spot Ethylene market, this added increase seems unlikely.
Comments
Post a Comment