TPE resin pricing, May 2-6: PE flat, PP gains $0.02/lb; PP up $0.365/lb so far in 2011


The spot resin markets were slower last week, not altogether surprising since it was the first week of the month and price increases are pending.

The resin market did not seem to react much to the decline in the energy and other commodity markets, according to the plastics spot-trading platform, The Plastics Exchange (TPE), although it noted that "a cautious sentiment can be felt developing."
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