LLDPE Resin: Prospects for June gloom...

PE producers have not completely postponed their $.05/lb increase.

Resin trading picked up as the month drew to a close.
Ethylene prices were slightly higher. After implementing a total of $.11/lb of increases so far in 2011, producers pushed for another nickel but came up short, although not all producers have conceded at this point. Buyers en large were able to resist the May increase, but producers will have another go at it in June. PE producers have not completely postponed their $.05/lb increase.
Trade Analyst June 2011

LLDPE: Stretch Resin Seen Rising. U.S. resin producers have issued an array of June price increase initiatives to add support to their price increase efforts.
Trade 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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