The spot Polyethylene market continued to transact at the same frantic pace that ushered in 2020, in just 7 trading days, our completed volumes have already nearly matched the entirety of Jan 2019. Deals were struck for all of the commodity grades that we make markets, providing us with highly discovered spot pricing. While fresh producer railcar offers were slow to emerge, which is typical for the first week of the year, resellers’ inventories a... [More]

Polypropylene trading was very active and a large volume of mostly prime material transacted across our trading desk. Deals were well diversified and there was solid demand for both HoPP and CoPP resins, some for immediate shipment, while other processors were just happy to secure additional well-priced resin for Feb usage. We were actually a bit surprised to see a continuation of deeply discounted railcar offers, as it appeared that the strong D... [More]