It did not take long into June for the second attempt to implement the $.05/lb Polyethylene price increase to fizzle out.

It did not take long into June for the second attempt to implement the $.05/lb Polyethylene price increase to fizzle out. Not all producers have completely conceded the increase, but prospects are looking dim. Polyethylene market was under pressure with prices falling as much as $.02/lb this past week. Slacking demand from both the domestic and export markets led to bulging producer inventories which helped stifle the $.05/lb increase effort in May and now again in June.
Resin Market Analyst June 2011

More info on pricing:

Mike Cunningham
Quick Pak Inc
1100 North 28th street Tampa, FL 33605
T: 813 242 6995
www.quickpakinc.com
mike.cunningham@quickpakinc.com

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