PE Resin Pricing for July
Polyethylene demand was good, processors were buying to fill in supply gaps, some resellers had short orders to cover and market sentiment was moving away from bearish, now approaching neutral.
While Polyethylene availability increased, the volume of offers, which was still relatively limited, would not suggest that the market is grossly over supplied and ready for prices to tumble.
More information here: www.quickpakinc.com
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