American Plastics Plastics Exchange futures trading platform , chief market analyst pointed out that after the transaction after the peak , the North American major resin price increases started to cool quietly last week .
PE : the overall North American PE recent quotes to stabilize the main . By market demand and other factors , some of PE film grade or larger . PE contract price for February , more than half of the market participants suggested that it be raised $ 0.4 / lb .Wholesale masking tape
This week , PE market has slowed the pace of trading , the spot price stability maintenance for 3 consecutive days . However, PVC and LLDPE film grade polymer prices have seen a strong rebound , a new record high . Previously, due to lower demand in North America in January PE prices have been ranked high. Analysis of data showed that in January the North American PE market turnover was 2.7 billion pounds , compared with 2013 average monthly sales of more than 170 million pounds .Masking tape
PP : the spot price last week compared with the previous North American PP rose 1 cent per pound . This is the first time in nearly a month since the resin rose slightly phenomenon . However , market participants , but the February contract price will continue to decline over the PP in January , down about 0.1 U.S. dollars / pounds.Washi tape
Plastics Exchange CEO Michael Greenberg said in an interview with reporters , although some local producers still hope to raise prices, but this is unlikely. Early January , propylene monomer contract price by the impact of the North American PP prices have come down . At the same time , the market demand began to decline. Compared with December last year , the North American PP market volume in January nearly 100 million pounds less . This data is lower than last year the average monthly sales of 43 million pounds .Sellotape
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