Although current market indicators support flat pricing on polyethylene the producers are still pushing for a $0.05 increase with a split ($0.03 in February and $0.02 in March).  Crude oil is pushing $100 per barrel but feedstock prices are not seeing the impact.  With the export market beginning to heat up, take a resin position to cover your needs through April while continuing to watch the feedstock prices and inventory levels to determine the next direction on price.
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Although current market indicators support flat pricing on polyethylene the producers are still pushing for a $0.05 increase with a split ($0.03 in February and $0.02 in March).  Crude oil is pushing $100 per barrel but feedstock prices are not seeing the impact.  With the export market beginning to heat up, take a resin position to cover your needs through April while continuing to watch the feedstock prices and inventory levels to determine the next direction on price.