The spot Polyethylene market was busy during the final week of August. Resin prices had rallied earlier in the month when producers were looking to implement their $.04/lb price increase, but then stabilized when the increase was delayed until September. Market supporting exports slowed into the middle of the month, so even though producers nominated another $.05/lb increase with a mid-Sept target date (totaling $.09/lb), spot Polyethylene prices began to recede, giving back at least early August gains.
For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=10800&P=P
Wednesday, September 05, 2007
Polyethylene Market Update in North America, September 3, 2007
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