Slow Start in May for the Resin Producers.

The spot Polyethylene market saw reduced activity as May began and overall pricing was flat this past week. Fresh railcar offers were limited, as was demand - aside from buyers needing spot loads to fill immediate supply gaps.


Uncommitted inventories among the reseller segment have thinned, although PE prices are not exorbitant, prices have risen quickly and seem a bit frothy at this level.


Let’s keep an eye on resin pricing and see what happens:  www.quickpakinc.com