PE Pricing news from quick pak inc
Spot prices for most Polyethylene grades slid another $.02/lb; the market is now down $.08/lb over the past 6 weeks. Falling energy and feedstock costs have contributed to the negative sentiment gripping the market. Producers have offered to drop May contracts by $.04/lb and in the meantime have been generally willing to meet lower-priced competitive situations with downgraded prime material. Domestic purchasing is very sluggish.
More info on this is available from:
Quick Pak Inc
4007 North 56th Street Tampa, FL 33610
Tel: 813 242 6995
FAX: 813 242 6985