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TCC’s Weekly Raw Materials Update: March 26-29.

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Spot ethylene hits new lows this week
Traded Friday at 14.25cpp[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]


Spot was higher this week
Ended up 2cpg, to 296cpg ($885/mt)[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text css=”.vc_custom_1523288338670{margin-top: -50px !important;}”]


Spot Mar PGP steady at 42cpp

Spot Mar RGP bid higher, no new trades
Spot RGP ~ 29.5cpp

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Prices steady with tight availability for most grades

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HDPE BM HIC for export ended the week at 57cpp
LDPE film steady Friday at 55cpp
Domestic demand strong for HDPE, LDPE and LLDPE

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Prices firm this week, limited spot supply for HIPS and GPPS

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Crude Oil

Lower this week

Monday: $63.01/bbl
Fri: $62.06/bbl
Last Fri: $64.94/bbl
(May NYMEX WTI Crude)

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Natural Gas

Flat-to-lower this week

Mon: $2.683/mmBtu
Fri: $2.701/mmBtu
Last Fri: $2.733/mmBtu
(May NYMEX Natural Gas)

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TCC produces weekly market review graphics, with content courtesy of PetroChem Wire. This information is distributed via TCC’s social media pages, including Facebook, Twitter, LinkedIn and Instagram, as well as posted to The View section of the website, and occasionally published via email with other market updates.



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