Pricing summary: The market is not awash in resin Brought to you by The Plastics Exchange

摘要

First the facts, then a possible scenario. Fact is that as the issue went to press, polyethylene (PE) spot prices had increased by about $0.01/lb and overall spot supplies were limited, according to Michael Greenberg, CEO of plastics spot-trading platform The Plastics Exchange (TPE). PE suppliers, he noted, had successfully implemented an $0.08/lb price increase onto February contracts, and with ethylene monomer costs continuing to rise, they had their sights set on enforcing a $0.06/lb increase for March and a $0.05/lb increase this month. Ouch.