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                Polyethylene
                Polyethylene trading was a bit on the light side and spot prices were steady to a penny lower. The flow of fresh offers was also slower with few Prime railcars shown to the market, which was not surprising given the $.04/lb price increase on the table for March. Spot demand was off as buyers remained cautious, caught between the need to procure material for ongoing business and growing economic concern due to the spread of the Coronavirus. This w... [More]
                Polypropylene
                Spot Polypropylene trading was unenthusiastic; we completed an average volume of transactions and prices held flat despite Coronavirus and geopolitical uncertainty rattling markets. There was a relatively heavy flow of offgrade railcars, but specifications were mostly undesirable. There were moderate supplies of all Prime commodity PP grades and sellers generally sought a premium for material that was available for immediate shipment. Trading was... [More]
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