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
Comments
Post a Comment