There were growing expectations among market participants that US high density polyethylene domestic contracts could move lower in April, with multiple sources saying a drop of 2 cents/lb seemed possible. Others in the market have pointed to a rollover as a likely outcome. If a decrease were to occur, it would be the first month-to-month decline since November 2012. Since that time, HDPE prices have increased by 20 cents/lb, and were assessed following flat March settlements for blow molding at 83-84 cents/lb ($1,830- 1,852/mt) for delivered railcars; for injection at 83-84 cents/ lb ($1,830-1,852/mt) for delivered railcars; and for highmolecular weight film at 86-87 cents/lb ($1,896-1,1918/mt) for delivered railcars.
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