Stretch Film Pricing News

Prices for polyethylene 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. Resin producers have offered to drop May contracts by $.04/lb and in the meantime have been generally willing to meet lower-priced competitive situations. Domestic demand is very sluggish..


Trade Reports May 2012



Efforts to implement even part of the .07/lb Polyethylene increase in May have already been dashed weak feedstock markets now point to a steep drop.

Trade Reports May 2012



The shift in the pricing cycle is underway. Once the down trend is solidly confirmed, which it appears to be, it could last for a while. Indicating ever- decreasing resin feedstock costs for at least the balance of 2012. So as long as the industry can avoid a major production disruption it seems like this cycle’s highest resin prices may have passed.

Trade Analyst May 2012



Abundant resin availability has pushed buyers away since they expect prices to slide further. After a run-up in prices during the 1st quarter, distributors and traders, looking to get ahead of an imminent drop in prices, have become aggressive with their offers as they try to liquidate inventories.

Trade Analyst April 2012

More info 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

Comments

Post a Comment

Popular posts from this blog

Revolution Low Profile Pallet Stretch Wrapper

Image
Quick Pak introduces the Revolution Semi Automatic Stretch Wrapper. It’s a value priced semi automatic stretch wrapper. This price competitive workhorse will give you years of trouble free operation. It will solve the problems associated with poorly hand wrapped pallets.The Revolution represents an advanced design with completely reliable technology in a sleek frame, giving users a rugged machine of unmatched quality.The Revolution will convert the high volume hand wrap user over to wrapping pallets by machine. Special Offer: Buy 5 pallets of machine film and you get the Machine FREE. 20" x 80eq x 5000' High Performance Cast Machine Film 1-side cling, 50 rolls per pallet, 25.2 Lbs/roll. 5 pallets x 50 rolls = 250 rolls @ $39.81 per roll Total investment = $9,952
Read more

Choosing Biodegradable Plastics

Image
Becoming more sustainable is one of the core goals of many businesses as more consumers become environmentally aware, and packaging is a great place to start. However, making the best sustainable packaging choices for your business can be challenging – there are so many options out there.  Plastics are often touted as one of the key pollutants of our seas and oceans – with up to 8 million tons ending up in marine environments each year. However, many businesses still have a need for it, so it makes sense that they may go in search of eco-friendly plastic alternatives. This is where things can become complex. Not all “green” plastics are as environmentally friendly as they seem… Commonly, many companies will interchange the terms biodegradable, bioplastic and compostable when discussing packaging but this can be misleading. Confusion around these terms can then lead to misconceptions about the disposal of so-called biodegradable materials. So, what’s the difference?   Bio-based, B
Read more

Saving Money Using Banding Stretch Film to Ship UPS and FEDEX

Image
Here in this video I have 10 cases I'm shipping out UPS Ground.  The cost is $68 total for the 10 cases.  I used 5" wide Stretch Banding Film by Quick Pak Inc and wrapped the cases in packs of 2.  That took about 5 min and the cost to ship the same 10 cases wrapped in two's cost just over $30 total. Product Used:  5" x 80ga x 1000' Stretch Banding Film on 3" cores and 1 plastic handle per case. Handy wrap banding stretch film is made with an extended core for easy maneuvering. This bundling stretch film has a 1 inch diameter core on one side that is less bulky and easier to handle than other stretch film dispensers. Its built-in handle is ready to use right out of the box and is disposable after use. Each roll of plastic stretch wrap is a high quality cast film that is residue free and will stick to itself without any adhesives. Bundling plastic wrap is an inexpensive alternative to wire, twine, tape, or strapping. Buy Here: https://quickpakinc.com/5-
Read more