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Resin Markets: PE Price Edges Higher While PP Drops

from Plastics Today

The spot resin markets were busy throughout April writes the Plastics Exchange in a market update. There was also a sharp divergence noted between the polyethylene and polypropylene markets, continuing the reversal from the trends of the past several months. There was a flurry of polyethylene buying as processors sought to procure material ahead of the May price increase; spot prices again edged higher while supplies dwindled. more

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