Polypropylene pricing news 7.12.2012
Polypropylene
The spot Polypropylene market gave back half of the $.02/lb gain earned the previous two weeks. Although the market had firmed amid better demand after June PP contracts settled down $.155/lb – which brought the two month decrease to $.255/lb, trouble could again be looming. June contract orders were reportedly strong as processors had to re-stock their dwindling resin inventories and forecasts for July were also high,
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
The spot Polypropylene market gave back half of the $.02/lb gain earned the previous two weeks. Although the market had firmed amid better demand after June PP contracts settled down $.155/lb – which brought the two month decrease to $.255/lb, trouble could again be looming. June contract orders were reportedly strong as processors had to re-stock their dwindling resin inventories and forecasts for July were also high,
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
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