PE prices on the move.
Polyethylene prices pressing higher. Polyethylene producers have a $.05/lb increase on the table for August, and while one producer relaxed their stance to just $.03/lb, no one else seems to be following suit. PE producers are sitting on their lightest resin inventories of the year, this coupled with good exports and rapidly rising spot Ethylene costs have them sticking to their guns and looking to implement the full 5c/lb.
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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