TPE resin prices, June 27-July 1: PE down $0.01-$0.03/lb; PP off $0.02/lb; commodity resin prices continue slide


Polyethylene fell $0.01-$.3/lb, depending on grade, and polypropylene shed another $0.02/lb last week, as spot resin offers were heavy and prices continued with the second quarter coming to a close, according to spot-trading platform, The Plastics Exchange (TPE). Commodity resin contracts dropped in June, as PE fell $0.02-$0.04/lb, and some buyers pushed for a larger decrease. Polypropylene contracts plummeted $0.15/lb commensurate with the change in June polymer grade propylene (PGP) contracts.
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