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Showing posts from 2009

What the trade is saying (december 14th 2009)

LLDPE: Resin producers again seek price increase (December 14th 2009)

November increase attempt did not stick market-wide. Additional $.03/lb previously announced December increase remains on the table.Stretch demand improves.

PE producers will again seek to implement the $.04-.05/lb increase that did not stick market-wide in November, and if successful, an additional $.03/lb that was previously announced for December contracts. Very little fresh supply was presented to the spot market this past week January Crude Oil futures recovered from six week lows of $72.39/bbl to end at $76.05/bbl. Jan Natural Gas futures surged $.434/mmBtu, a 9% gain, to end the week at $5.192/mmBtu. After two weeks of stability, spot Ethylene prices rallied this week.
Trade Reporter December 2009

European Plastics Converters (EuPC), the Brussels-based organization for plastics processors, has attacked the plastics raw material price increases announced by suppliers in recent weeks. "Markets are currently …

Revolution LP - Stretch Wrapper

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What The Trade Is Saying

LLDPE: Stretch Wrap Prices Remain Contentious (Nov 25th 2009)

Resin price increase efforts meeting stiff downstream resistance. Hopes for improved demand on depleted distributor inventories.

Crude prices near $76 per barrel. Weak reports on economy and a stronger dollar send oil prices down. Oil prices have more than doubled from a low of less than $33 touched in December, although they are still well below highs of $147 a barrel touched last year. Natural gas for December delivery fell 7.2 cents to $4.40 per 1,000 cubic feet. Natural gas is used to produce LLDPE stretch film in the U.S.
Business News Reports November 2009

Prices for Polyethylene were up .015 / lb on the back of limited supplies, good export demand and firmer sentiment towards November price increases. Resin producers are seeking to implement $.03 - .05/lb increases for November contracts.Steady, but high asking prices were shown by producers as they dig their heels in, pressing to enforce current price increases.Expo…

LLDPE: Stretch Wrap Demand Jumps (Nov 3 rd 2009)

LLDPE: Stretch Wrap Demand Jumps (Nov 3 rd 2009)
October price increase meeting stiff downstream resistance. Order books look better on reports of depleted distributor inventories.

North American resin pricing, PE up. Plastic analysts note that resin prices remain contentious, as discussions on pricing remained mixed, with no agreements were confirmed for October. September contract prices were nominated to increase $0.04/lb, with an additional $0.05/lb increase slated for October. No November price increases were issued, but December contract prices were nominated to increase $0.03/lb.
Plastics Trade News November 2009

Polyethylene prices continued to rally this week, adding another $.01/lb to fully recover losses seen earlier in October. October Polyethylene was steady from September levels. It seems that all processors are now up the same $.17/lb so far during 2009.
Plastics Trade Analyst November 2009

Revolution Stretch Wrapper

Revolution Stretch Wrapper

Quick Pak introduces the Revolution Semi Automatic Stretch Wrapper. It’s a value priced semi automatic stretch wrapper. This price competitive workhorse will give you years of trouble free operation. It will solve the problems associated with poorly hand wrapped pallets.The Revolution represents an advanced design with completely reliable technology in a sleek frame, giving users a rugged machine of unmatched quality.The Revolution will convert the high volume hand wrap user over to wrapping pallets by machine.

What the trade is saying: LLDPE Pricing Oct 23rd 2009.

LLDPE: Stretch Wrap Demand Up On Improving Business Outlook

Resin producers issue new 5 cpp price increase for October with no agreement on implementation. Order books look better on reports of depleted Distributor inventories.

Due to continuing rising feedstock costs, all polyethylene resin suppliers have successfully implemented a $.04/lb increase effective September 1, 2009. As a result of these raw material increases, we will implement a 6% price increase on all orders received on or after October 1, 2009 and on shipments effective October 15, 2009. All orders received prior to October 1, 2009 must call for immediate shipment. We reserve the right to accept or deny orders and will limit acceptance to normal order levels based on historical sales. In addition to the September 1 price increase, all resin suppliers have announced a $.04/lb increase effective October 1, 2009. We will keep you posted on this and be sure to communicate any developments.
U.S. Stretch Film Producer September…

LLDPE Pricing

PE prices were steady this week but trading was relatively quiet. Several participants said that a 4 cpp contract price increase proposed in September was largely implemented. Producers have issued a 5 cpp contract price increase for October, but no agreement on implementation has been reached yet.

Market Analyst October 2009

October Price Increase.

LLDPE: Stretch Wrap Demand Improves On Industrial Production Jump
C.D.I. September resin up 4 cents/lb. Film price increases loom.Distributor restocking 'takes off' on swelling order books and depleted inventories.

A PE market analyst commented that the September PE price hike seemed to come out of nowhere. "The drivers that would have helped it get through are already gone,". "There's little domestic demand and almost no buying in Asia. But [PE makers] stuck to their guns and said "Go buy from someone else, then." North American PE prices now have climbed an average of 17 cents per pound in 2009. That works out to an increase of almost 30 percent, based on average selling prices for dairy blow molding grades of high density PE. The increases came after prices plummeted in the fourth quarter of 2008, as prices for oil and natural gas tanked and demand evaporated as the impact of global recession kicked in. Trade News October 2009

Against the odds, No…

What The Trade Is Saying!

LLDPE: Stretch Film Demand Improves
Proposed 4-cent August increase in question. Resin buyers balk at new increase in light of current business climate.

Average U.S. selling prices for resin have bounded up since July 1, fueled by rapid rises in feedstock prices. Benzene - a key feedstock used in the production of many commodity resins - closed at $2.92 per gallon in July, up almost 25 percent from June. August could bring more of the same, with benzene set to close at $3.65 per gallon, an increase of an additional 25 percent. Plastics Market Reports August 2009
Polyethylene prices firmed this week and participants continued to discuss tight supply and strong export demand. Producers are seeking to implement a 4-cent increase in PE prices in August. The outcome has not been determined and negotiations continue.
Market Analyst August 2009

Chemical makers post big sales declines; see recovery. Four U.S. chemicals makers reported significant declines in sales as the global recession strangled…

What the trade is saying!

LLDPE prices soft, trading light

Proposed 4-cent July increase, and 4-cent August increase in question. Growing number of resin buyers quiz increase rationale with economy woes causing weak demand.

PE prices softened this week and trading was relatively light. Producers have proposed 4-cent increases for July, and an additional 4-cent increase to for August. The outcome of the July increase initiative has not officially been determined. However, a growing number of market participants are questioning the rationale behind these increases in the face of a weak economy and slack demand.
Market Analysis July 2009

Polypropylene Strapping On The Move!

Polypropylene resin prices have continued to climb and are now 35% higher then they were at the end of 2008. Consequently, effective August 21, 2009, Pac Strapping will push for a 7% increase on all polypropylene strapping. Pac Strapping July 2009

Price Increases - What the Trade is Saying!

LLDPE Stretch Film Price Increases

PE prices moved higher this week but trading was light as participants waited to see if proposed new price increases would stick. Producers had originally proposed an 8 cpp increase in July. Some revised that proposal and are now seeking a 4-cpp increase in July, and an additional 4 cpp increase in August. Plastics Business Analyst July 2009

Good News on the Business Front. Several indicators point to a near-term rebound in production, including the Institute for Supply Management's manufacturing and non-manufacturing indexes, durable goods orders and factory orders. All of these reports show that new orders are increasing or headed in that direction, and inventories are being depleted, a combination that points to an increase in production activity. Trade Reports July 2009

Commodity Prices Up Sharply. Recession or no recession, resin makers have taken the gloves off on price increases for many commodity materials. Rising feedstock prices are taking…

Litewrapper.

Revolution Low Profile Pallet Stretch Wrapper

Image
Quick Pak introduces the Revolution Semi Automatic Stretch Wrapper. It’s a value priced semi automatic stretch wrapper. This price competitive workhorse will give you years of trouble free operation. It will solve the problems associated with poorly hand wrapped pallets.The Revolution represents an advanced design with completely reliable technology in a sleek frame, giving users a rugged machine of unmatched quality.The Revolution will convert the high volume hand wrap user over to wrapping pallets by machine.

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20" x 80eq x 5000' High Performance Cast Machine Film
1-side cling, 50 rolls per pallet, 25.2 Lbs/roll.
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Total investment = $9,952

NEWS from Quick Pak Inc!

Our customers are having tremendous success with the LiteWrapper System…why?

It’s simple to use, employees wrap pallets faster, less damage as pallets are wrapped tight.
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The Litewrapper Dispenser has a unique roller-system tensioning method that allows the
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What The Trade Is Saying!

LLDPE Stretch Film Price Increases:

New July increase from U.S. resin producers. Distributor demand picks up on price protection buy in.

PE prices moved higher this week but trading was light as participants waited to see if proposed new price increases would stick. Producers had originally proposed an 8 cpp increase in July. Some revised that proposal and are now seeking a 4-cpp increase in July, and an additional 4 cpp increase in August. Plastics Business Analyst July 2009

Good News on the Business Front. Several indicators point to a near-term rebound in production, including the Institute for Supply Management's manufacturing and non-manufacturing indexes, durable goods orders and factory orders. All of these reports show that new orders are increasing or headed in that direction, and inventories are being depleted, a combination that points to an increase in production activity. Trade Reports July 2009

More: http://www.quickpakinc.com/pricing_news.html