Polyethylene pricing from quick pak inc
Polyethylene
Spot Polyethylene prices pressed higher, with gains up to $.01/lb seen – HDPE was the strongest segment of the market. 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 as a group are sitting on their lightest resin inventories of the year, this coupled with good exports and rapidly rising spot Ethylene costs. 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
Spot Polyethylene prices pressed higher, with gains up to $.01/lb seen – HDPE was the strongest segment of the market. 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 as a group are sitting on their lightest resin inventories of the year, this coupled with good exports and rapidly rising spot Ethylene costs. 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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