Resin Pricing from Quick Pak Inc June 5th 2012

Spot Polyethylene prices continued to unravel, with penny losses widely seen this week. There were also occasions of month-end specials for multiple railcars with a larger discount. Producers yielded to the pressure to reduce May contracts in excess of the $.04/lb offered, most have now agreed to lower contracts by $.07/lb. With (spot) Ethylene costs cratering, upstream resin inventories bulging and negative sentiment abounding, it is expected that June contracts will also be marked lower. Processors are looking to wipe away at least the balance of the $.11/lb of increases that were implemented Dec-Mar and perhaps achieve more than just the remaining $.04/lb. Export markets remain weak, falling energy and feedstock costs around the world have market participants de-stocking and those that need resin, purchasing from nearby locations to reduce the price risk during transit.

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



http://www.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

Edge Protectors for Better Strap Tension.

Image
Strap edge protectors are made of multiple plies of recycled paper laminated together and formed into a right angle. The protectors are cut to length for both hand and machine application. Strap protectors improve strapping tension and protect the product from strap damage. Features and Benefits: -Custom print available. -Cut to length for both hand and machine application. -Cost effective. -Shorter lengths provide protection at maximum cost and material efficiency. -Strap protection. -Improves tension transmission of strapping and afford product edge protection from strapping damage. -Sustainable. -Uses 100% recycled and recyclable materials Strap protectors come in a variety of sizes and strengths. Contact us at 813 242 6995 or sales@quickpakinc.com  
Read more

Why Reinforced Edges on Pallet Wrap?

Image
When it comes to shipping and storage, the stability of the pallet is paramount.  Pallet wrap, also known as stretch film or stretch wrap, is a highly stretchable plastic film that secures items tightly together. But not all pallet wraps are created equal. The inclusion of reinforced edges makes some stretch films stand out in the realm of shipment protection. So, what exactly does this mean, and why should businesses care? Before delving into the specifics of reinforced edges, it is essential to understand the role of pallet wrap. The primary purpose of wrapping pallets is to stabilize and secure products during transportation or storage. Pallet wrap must be durable and resilient to withstand a variety of stresses, including load shifting, vibrations, and even environmental factors like moisture and dust. Reinforced edges refer to the additional strengthening material along the sides of the pallet wrap. This can be in the form of a band of thicker plastic or a mesh-like strip that
Read more