TPE North American resin prices, Oct. 25-29: PE steady, PP down a penny
from Plastics Today
Spot resin trading picked up as October drew to a close, with polyethylene (PE) prices mostly steady while polypropylene (PP) lost another cent. Spot-trading platform, The Plastics Exchange (TPE), reported that despite a $0.03/lb price-increase nomination, October PP contracts fell $0.015/lb, along with polymer grade propylene (PGP) monomer. PE contracts had been nominated to increase by $0.04/lb, and while some producers have agreed to push off the increase until November, others held firm to enforce the increase in October.
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