The overall Polyethylene complex remains under pressure. Most PE grades were marked a penny lower this week including HDPE injection, HMW for film, and LLDPE Butene for film. HDPE blow molding prices, which had been the weakest grade, held steady; spot prices are down $.17/lb from the April peak, back within the range last seen during January. LDPE prices remain buoyed; steady again this week and still just a few cents off its April peak. [More]

Spot Polypropylene prices edged another $.01/lb higher. After rallying $.26/lb this year through early April, spot PP prices gave back the gains in their entirety. Perhaps not all of the losses were warranted, as the market has recovered about $.07/lb since the market found a bottom in early June.

According to the ACC, producers on average ran their Polypropylene reactors at a very light rate of around 85% in June, producing 77 million ... [More]