Quick Packaging News

Quick Pak - What the Packaging Trade is Saying!: CDI resin report : CDI came out flat.  I will let you know the cource of action in a short time.

CDI came out flat.  I will let you know the cource of action in a short time.

Quick Pak - What the Packaging Trade is Saying!: LLDPE Pricing News : Commodity resin prices were mostly steady to a tad higher; trading activity improved and widespec availability increased. For the most part...

Commodity resin prices were mostly steady to a tad higher; trading activity improved and widespec availability increased. For the most part, Generic Prime railcars remain elusive, although some material began to appear at the end of the week. Polyethylene contracts are mostly flat in September; however, those processors that only went up $.03/lb in Aug will add $.02/lb this month, bringing the market up $.05/lb industry wide for Aug/Sept. Aug Polypropylene contracts followed monomer down $.015/lb, but will reverse in Sept and jump $.025-.04/lb.

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Quick Pak - What the Packaging Trade is Saying!: Stretch Film Pricing : As a result of rising feedstock costs, increased global demand, and reduced inventories our resin producers have informed us that the previ...

As a result of rising feedstock costs, increased global demand, and reduced inventories our resin producers have informed us that the previously announced price increase will implement on September 1st. Several grades of polyethylene resin remain under tight supply conditions. U.S. Stretch Film Producer September 2012 Read Announcements (AEP) (Paragon) Based on the September 1st PE increase we will implement a 6% increase for standard grade products and a 7% increase on premium products effective with all orders placed on or after October 1. 2012. All orders must call for immediate delivery. U.S. Stretch Film Producer September 2012 Due to tight resin availability and extended lead times we will strictly limit our customer’s orders in September to a quantity equal to one month of theft average historical six months purchases. Your Sales Representative will inform you of your average purchases over the preceding six months. In addition, we reserve the right to accept or dec

Quick Pak - What the Packaging Trade is Saying!: Resin and stretch film pricing : The commodity resin markets continued to rise and spot offerings dwindled to very low levels into month-end. Polyethylene and Polypropylene...

The commodity resin markets continued to rise and spot offerings dwindled to very low levels into month-end. Polyethylene and Polypropylene prices both added a penny, driven by already tight supplies along the Petrochemical chain which were further restricted by Hurricane Isaac. Although the storm passed through the Gulf without causing much reported damage to plants, most Crude Oil and Natural Gas platforms were shut in and several Petrochemical complexes also closed or ran at reduced output levels. The vast majority of these facilities have now resumed or are in the process of returning to normal production. August PE contracts were up $.03 - .05/lb depending on producer, while PP contracts slid $.015/lb. There are price increases nominated for both materials for September. 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