Polyethylene producers secured their $.04/lb price increase in April, bringing the 2-month contract advancement to $.09/lb, which incidentally fully regained the previous 3 price declines.
Those decreases were $.05/lb in Jan/Feb and $.04/lb back in September. There is not a cohesive increase effort for May.
Despite the increase, domestic Polyethylene demand was very solid – having had held off ordering material, resisting higher prices.
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