Polymer Prices Steady in U.S. and Europe

After months of sweeping declines across the board polymer producers were able to hold the line in the first half of June and limit further losses to certain resins. There was even a notable increase, with polystyrene export prices from the U.S. moving higher by $130-180/m.t. and contract prices for high-impact grade tacking on 2 cts/lb for July. In Europe export prices for select types of polyethylene (PE) were reported lower, but only in the sense of being normalized with prevailing export levels from the U.S. low-density PE was off $125/m.t. but linear...

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