Resin Price Report: Soft Prices About to Get Softer
Spot resin trading stayed active into mid-month, with above-average completed volumes across the marketplace supported by strong export sales, reports the PlasticsExchange in its weekly Market Update. While Prime polyethylene (PE) and polypropylene (PP) prices have been shedding their 2024 gains in recent weeks, they stayed flat the week of April 8 and remain higher for the year. Domestic buyers continued to take advantage of softer prices. A heavier flow…