Polyethylene Prices are at the bottom

A combination of price decrease as well as feed stock increases, have compressed producer margins.  Since July producer margins have been reduced by more than $0.15.  As a PE buyer you need to fully understand the cost to produce resin which will assist in determining the market direction. Being in the right inventory position today will allow you to take advantage of the market low price and potentially avoid a price increase for the next 30 – 60 days.