PE resin producers were holding firm in their bid to implement a 5ȼ per pound price increase for February contracts. They are looking to press ahead with another 6ȼ per pound increase for March, though crude oil prices slackening, some market observers doubt they can make it stick.
PVC prices were flat for most of 2016. Yet, despite slow seasonal demand, PVC suppliers issued increases of 4¢ per pound for February 1st. According to one expert, the final tally may end up half that.