LLDPE Resin Pricing Falling in August 2018
The spot Polyethylene market slowed dramatically this past
week, taking a heavy breather from the very busy pace seen for most of the past
couple of months. Spot demand diminished greatly as buyers took a wait and see
approach with regard to new orders. The 25% Chinese tariffs on HDPE and LLDPE
that are scheduled to implement on August 23rd have really begun to disrupt the
market, particularly in Houston, the major resin export hub.
August CDI LLDPE page.
It shows $.03/lb. decrease on LLDPE.
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