Resin Price Report: 2nd Week Of April 2023 - Significant price increases of several types of resinsPolyethylene prices increased in March despite low domestic demand and a weak spot market, thanks to the fourth active force majeure on Nova's cracker in Corunna, which disrupted monomer supplies and resin production. PE producers have another nickel increase on the table for April, and while rarely seen in 23 years, a PE decrease immediately following an increase is not expected. Prime Polyethylene prices held firm but did not advance in light of the March implementation, while Polypropylene slid another penny as PGP monomer prices continued to unravel.