Polyethylene Pricing Still Weak!
Spot Polyethylene trading was busy; material availability was high and prices fell $.02/lb. Suppliers were out aggressively marketing their uncommitted inventories, eager to take a quick loss and restock with cheaper material.
Processors picked away with just small orders as needed, confident that lower prices lay ahead. While some producers are still officially trying to implement their $.05/lb increase - which has consistently failed since Oct ..
More pricing information here: www.quickpakinc.com