Commodity resin trading in July has been a struggle. The month - TopicsExpress

Commodity resin trading in July has been a struggle. The month started slowly as the 3rd quarter just got underway, business was further hampered by the timing of the US Independence holiday. Activity did pick up and several surges helped salvage the month for the reseller community, but the summer market has generally been lackluster. Both Polyethylene and Polypropylene contracts rolled steady in July, there will be attempts to lift prices again in August. Spot exports have3 been slow, but a recent deep in asking prices could help generate some renewed activity.

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