Resin pricing by Quick Pak Inc
Polyethylene market firmed; supplies are tighter and prices jumped $.02/lb.
A fourth consecutive month of scaled-back Polyethylene production, actually to the lowest since Feb 2009, has helped producers liquidate about 500 million pounds of inventory since they peaked in July. For the first time in a year, upstream PE inventories have dipped below 3 billion pounds. Houston traders have also reduced inventory.
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
A fourth consecutive month of scaled-back Polyethylene production, actually to the lowest since Feb 2009, has helped producers liquidate about 500 million pounds of inventory since they peaked in July. For the first time in a year, upstream PE inventories have dipped below 3 billion pounds. Houston traders have also reduced inventory.
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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