TPE resin pricing, April 4-8: PE up $0.04/lb, PP up $0.06/ lb; strong demand, tight supplies and rising feedstocks propel resin market higher

摘要

Market overview: Demand was good, supplies were tight, and prices rose sharply in spot resin trading during the first week of April. Spot-trading platform The Plastics Exchange (TPE) reported that energy and feedstock costs continue to climb higher, helping reinforce producer efforts to fully implement the price increases nominated for April contracts.