Hartsi Viikkoraportti: Muovit hinnoittelu paineita; Heikentää entisestään odotettavissa

Spotresintradingimprovedlastweek, althoughthemarketisstillverynervous. Theflowofmaterialwasheavy

jälleen andwhilecompletedvolumesrosesubstantially (fromdismallevels), offershavestillbeenaccumulating,

writesthePlasticsExchange(Chicago)initsMarketUpdate.Most,ifnotall,commoditygradepolyethylene(PE)

andpolypropylene (PP) resinsarereadilyavailable, andaverywiderangeofpricesarequoted. Alkupään

energyandfeedstockpricesrecoveredsomewhat, butplasticsremainedunderpressure. Marketparticipants

anticipatefurthererosionahead, asoffersforshipmentstwoweeksoutarecheaperthanmaterialforimmediate

lähetys. Incrementalexportsalesremainseasonallychallenged,compoundedbythestrongU.S.dollarand

negativeregionalmarketsentiment.

SpotPEtradingwassignificantlymoreactive, asasteadystreamofofferscontinuedtopeltthemarketand

pricesslidfurther. Mostgenericprimegradesdroppedanotherpennywithvariousone-offdealsdoneatsteeperalennukset.Resinhasbecomeplentiful, evenpreviouslyscarcegradeslikeLDPEfilmandLLDPEhaveemerged,

shrinkingtheirpremiums. Houstontradershavedroppedtheirbids, lookingtoliquidateunsoldlotsratherthan

takingonnewpositions ja asalways, seekingback backtransactions, reportsthePlasticsExchange.

Amidfallingspotlevels, someprocessorsseemfrustratedbythelackofclaritywithNovemberPEcontractsand

haveminimizedvolumecommitments. SeveralproducershaveloweredNovemberPEby$ 0.03/lb, butothers

haveyettoannouncethemagnitudeoftheirdecrease. Whilethepricereliefiswelcomedbybuyers, $0.03/ lb

pudotaisnotnecessarilydeemedalargeenoughbreak, andsomeareeying 0,05 dollaria/lbtocompletelywipeawaythe

Septemberincrease.PerhapsitwilltakethroughDecembertoachievethenickelormaybeshaveevenmore.

PPtradingpickedupabitanddealswereflyingifthevolumeswerelarge.Genericprimelevelsgenerallyslid

anothercent, withlargerdiscountsneededtomoveoffgrade. Resellershavemaintainedtheirefforttoliquidate

uncommittedmaterial, acceptingreasonablebidsevenifitgeneratedaloss. NovemberPGPcontractssettled

earlierinthemonthdown 0,06 dollaria/lb, thePlasticsExchangeexpectsanotherrangeofPPcontractpricemovement

basedonparticularindexmarkers, spotlevelsandmonomercomponents. SomePPbuyersappearedwillingto

payseveralcentsextraforlast-minutetruckloadshipmentsratherthanbuyingacheaperrailcar.AspricesCascadepienempi,theyfearbetterdealswillemergebeforethebulkresinevenarrives. Thatsaid,othershavefound

deeplydiscountedspotofferscompellingandworthyofmulti-carorders. Pricelevelsaregenerallyseenfromthe

puolivälissä$ 0 .40tomid 0 euroa .50rangebasedonqualityandquantity, someisolatedroughermaterialhasbeenpriced

startingwitha3; homopolymerhasbeennoticeablyweakerthancopolymer.