Per the Plastics Exchange - 'Commodity resin prices were mixed; PE was mostly higher, while PP slipped amid heavy offerings. Producers have found success securing their $.05/lb PE price increase. There will be a varying degree of increases implemented for PP contracts, likely averaging around the $.04/lb sought by most producers.'  See the full update here.

Although we took time off from updates, the resin markets remained very active.  PE producers have implemented a $0.05/lb increase which they appear to be holding firm passing through.  They, of course, have also nominated another increase for OCT - time and demand will tell if this effort firms up.  PP also has seen price pressure based on rising feedstock costs.  Ample supply may hamper further efforts to raise prices further however.  See the Plastics Exchange update here.