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      Polyethylene
      Polyethylene trading was good, but not great; the mood was dreary as many market participants watched equity and commodity markets meltdown in amazement amid fears that the Coronavirus could cause a global slowdown. This seemingly sent processors to the sidelines to reevaluate their upcoming purchases and inventory levels. Despite distractions, deal after deal came together to make for a very solid February. Although we expected that resin availa... [More]
      Polypropylene
      Polypropylene trading was about average and deals were more difficult to complete than in recent weeks. Transactable railcars and truckloads of CoPP were very difficult to come by; HoPP availability was slightly better, but not by much. Supply remained very tight due to reduced production related to both planned maintenance and unexpected outages, though this was somewhat offset by slower demand largely attributed to general uncertainty related t... [More]
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