NewsSSESSMENTS: Dow Chemicals Seeks PE Price Increase In Latin America

Market sources informed SSESSMENTS.COM that Dow Chemicals had notified its customers in the Andean region, Central America, and the Caribbean region about an increase of 5 cents/pound ($110/ton) in the prices of grades of polyethylene (PE) resins. This increment will be valid on August 1, on top of the previously announced 4 cents/pound ($88/ton) increase for June and July. Market participants in the region said there were attempts to increase prices by $50-$100/ton from producers.