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The Spot Polyethylene market followed a heavy volume week with another strong performance despite being shortened by Memorial Day. Our trading desk was very busy from the get go - quoting, transacting and sharing market intelligence with our buyers / sellers and we ultimately completed an above average number of deals to wrap up a solid month. Given the slow period at the end of April and first part of May, the rebound in activity was very encour... [More]

Spot Polypropylene trading was a tad off pace, prices held steady for the 4th week in a row, and buyers remained reluctant to build inventories, opting to purchase only for near term manufacturing needs. Resin availability was sufficient and we saw relatively little price spread between railcars of Prime and offgrade resin, though a deep discount was afforded for really rough material. As our truckload demand exceeded railcar interest, buyers wer... [More]