Plastic Market Monthly: LLDPE Pricing Update

According to Townsend's Plastic Market Monthly Report, LLDPE resin prices experienced a significant price drop in October. A decrease in ethylene contract prices for the month, plus a wildly fluctuating spot market, coupled with lower demand gave LLDPE resin buyers some welcome relief in October.  The volume-weighted average for all LLDPE resin grades dropped 2.8 cents-per-pound (cpp) in October.  Resin deliveries were virtually unchanged in October compared to September levels, and converters maintained their inventory levels at ten days of supply.

Posted by Plastic Market Data at 20 Nov 2011
Categories: Polyolefins, Supply and Demand, Resin Pricing, Processors
Tags: PE Plastic Market Monthly Townsend LLDPE Prices Resin Pricing
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