IHS Chemical Week

Polymer markets show stark difference between spot and contract prices

2:53 PM MDT | November 2, 2012 | Lindsay Frost

Polymer markets showed marked differences between export-oriented spot markets, which were generally higher over the second half of October, and contract prices, which slipped slightly. North American export resins were reported to have gained over a wide range from $60-80/m.t. for both grades of high-density polyethylene (HDPE), copolymer polypropylene (PP), and low-density PE (LDPE). Bigger gainers were linear LDPE at $100/m.t. and homopolymer PP at $120/m.t. Contract North American resins eased off about 2 cts/lb across the board, but producers have already...

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