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Polyethylene prices are going down

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Polyethylene prices are going down

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The absence of exports, significant changes in feedstock prices and increasing inventory levels supported the price decrease for all grades of polyethylene in June.  Watch the secondary market closely over the next 30 days as it will be the leading indicator for any changes ahead.  The market is poised for further decreases so buy as needed in order to take advantage of the downward movement.