Chem Data Report for May 2015 showing increase of $.05/lb. (e). on HDPE,LDPE,LLDPE
The Polyethylene market was very busy, processors continued to scoop up cost-effective material while they negotiate the May price increase.
This past week spot PE prices added another $.02/lb, lifting prices a total of $.06-.08/lb from the mid-March low. Spot prices have not only eliminated the discount it had held to contracts, but now also reflects $.03/lb of the $.05/lb increase.