LLDPE Resin Pricing
Resin Update for November 2018
The spot polyethylene market has been generally steady so far this month, buyer activity was perceived to be quiet due to the holiday, but also due to caution, in case lower price expectations are realized in the next weeks.
Resin Producers continue to look for a $.03/Lbs. contract price increase for all PE grades, while buyers are looking for some relief amid lower international pricing and nervousness over future demand.
Crude oil prices continue to plummet which will have an effect on the polyethylene market eventually.
Please contact your Poly PAK representative to see how these market conditions may affect your specific requirements.
Thank you for your business