Resin prices today from quick pak inc

Polyethylene prices pushed a penny higher, but it was not a very impressive showing considering that $.03 -.10/lb of price increases are on the table. Although it is still early in the month, market conditions might challenge the current price increases initiative, especially beyond the $.03/lb balance remaining from February.
Trade Analyst March 2012

At the moment it seems that Polyethylene resin producers will be hard-pressed to increase contracts beyond the $.03/lb remaining on the Feb increase, which is also not a slam dunk. Film processors are working down hefty inventories accumulated from aggressive purchases before the increases.
Trade Analyst March 2012


More info on pricing on this is available from:
Mike Cunningham
Quick Pak Inc
4007 North 56th Street Tampa, FL 33610
Tel: 813 242 6995
FAX: 813 242 6985
www.quickpakinc.com
mike.cunningham@quickpakinc.com

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