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Polymer prices decrease
10:01 AM MST | January 28, 2014 | Lindsay Frost
North American polyolefin sellers were able to sqeeze out a few pennies of increase for January contracts, but overall polymer prices held steady and market sentiment was considered negative. Polyethylene (PE) for January was settled higher by 2 cts/lb in North America, with the exception of linear-low density PE (LLDPE). Polypropylene (PP) rose 5 cts/lb. Spot prices were said to be level but traders were anxious. PE producers have nominated increases of 5 cts/lb for February, but supply has been curtailed by several outages and once plants are back on stream...
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