Polyethylene prices were generally steady to $.01/lb firmer and have now recovered $.01 -.02/lb from earlier lows. Some market strength was seen this past week when producers took a firm stand at $.03/lb, resisting the call by processors to lower October Polyethylene contracts by $.05/lb. To further support their position, producers reiterated their intent to implement a $.05/lb price increase in November (attempt #7) and a further $.06c/lb in December.
TRADE ANALYST NOVEMBER 2011
More info on pricing on this product is available from:
Quick Pak Inc
1100 North 28th street Tampa, FL 33605
Tel: 813 242 6995
FAX: 813 242 6985