Weekly resin report: PE trading slows, as processors reckon with relentless price hikes
from Plastics Today
The spot resin markets remained fairly active, but completed volumes disappointed, as polyethylene demand struggles to keep pace with rising prices and diminishing polypropylene supplies challenge some sourcing efforts. Even so, the PlasticsExchange reports in its Market Update that this month’s volumes have already been stronger than any during the second quarter.
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