LLDPE Resin Pricing and Market Update by Quick Pak Inc
Market Update & Summary Oct 11th, 2011:
Polyethylene prices entered October the same way they ended September - by dropping $.02/lb amid heavy supplies and lower costs. Many of the deals that were available at month end are still offered today, indicating that heavy inventories did not clear. Demand was slow the first week of the month as buyers limited purchases and continue to wait for lower prices. PE producers have yet to officially drop their 6th attempt to implement the now familiar 5c/lb price increase this month. In stark contrast, market sentiment remains decidedly negative..
Trade Reports October 2011
Quick Pak Inc .
We are a full line distributor of industrial packaging equipment and supplies. We have been providing total packaging solutions for companies like yours since December 1999. We work with our customers to identify their packaging needs, find the most cost-effective equipment and packaging materials to meet those needs, and then provide the technical support to keep your packaging operation running smoothly.
More info on pricing on this product is available from:
Mike Cunningham
Quick Pak Inc
1100 North 28th street Tampa, FL 33605
Tel: 813 242 6995
FAX: 813 242 6985
www.quickpakinc.com
mike.cunningham@quickpakinc.com
Polyethylene prices entered October the same way they ended September - by dropping $.02/lb amid heavy supplies and lower costs. Many of the deals that were available at month end are still offered today, indicating that heavy inventories did not clear. Demand was slow the first week of the month as buyers limited purchases and continue to wait for lower prices. PE producers have yet to officially drop their 6th attempt to implement the now familiar 5c/lb price increase this month. In stark contrast, market sentiment remains decidedly negative..
Trade Reports October 2011
Quick Pak Inc .
We are a full line distributor of industrial packaging equipment and supplies. We have been providing total packaging solutions for companies like yours since December 1999. We work with our customers to identify their packaging needs, find the most cost-effective equipment and packaging materials to meet those needs, and then provide the technical support to keep your packaging operation running smoothly.
More info on pricing on this product is available from:
Mike Cunningham
Quick Pak Inc
1100 North 28th street Tampa, FL 33605
Tel: 813 242 6995
FAX: 813 242 6985
www.quickpakinc.com
mike.cunningham@quickpakinc.com
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