Wednesday, May 30, 2012

Quick Pak - What the Packaging Trade is Saying!: Resin Pricing May 30th 2012 by quick pak inc

Quick Pak - What the Packaging Trade is Saying!: Resin Pricing May 30th 2012 by quick pak inc: Efforts to stem price erosion in May have been dashed and weak feedstock markets allied with softening demand now point to a an even furthe...

Resin Pricing May 30th 2012 by quick pak inc

Efforts to stem price erosion in May have been dashed and weak feedstock markets allied with softening demand now point to a an even further drop in June pricing.

Trade Reports May 2012

Three commodity resin prices drop. Prices for three major commodity resins - polyethylene, polypropylene and PVC - have tumbled in May, as resin makers suddenly found themselves with too much of a good thing. The good thing in this case is ethylene feedstock. With several petrochemical crackers fixed up and back online, there's more ethylene - and propylene - available than at any point this year so far.
Trade News May 2012

Prices for polyethylene slid another $.02/lb; the market is now down $.08/lb over the past 6 weeks. Falling energy and feedstock costs have contributed to the negative sentiment gripping the market. Resin producers have offered to drop May contracts by $.04/lb and in the meantime have been generally willing to meet lower-priced competitive situations. Domestic purchasing is very sluggish..
Trade Reports May 2012

The shift in the pricing cycle seems to be underway. Once the down trend is solidly confirmed, which does appear imminent, it could last for a while. Indicating ever- decreasing resin feedstock costs for at least the balance of 2012. So as long as the industry can avoid a major production disruption this cycle’s highest resin prices has well and truely passed.
Trade Analyst May 2012

Abundant resin availability has pushed buyers away since they expect prices to slide further. After a run-up in prices during the 1st quarter, distributors and traders, looking to get ahead of what appears to be an imminent drop in prices in the coming months, have become aggressive with their offers as they try to liquidate inventories.
Trade Analyst May 2012

Tuesday, May 29, 2012

Quick Pak - What the Packaging Trade is Saying!: Quick Pak - What the Packaging Trade is Saying!: S...

Quick Pak - What the Packaging Trade is Saying!: Quick Pak - What the Packaging Trade is Saying!: S...: Quick Pak - What the Packaging Trade is Saying!: Stretch Film Pricing News : Prices for polyethylene slid another $.02/lb; the market is now...

Quick Pak - What the Packaging Trade is Saying!: Resin pricing News May 29th 2012 by quick pak inc

Quick Pak - What the Packaging Trade is Saying!: Resin pricing News May 29th 2012 by quick pak inc: Market Update & Summary May 29th 2012: Spot resin trading activity was good, lower prices were welcomed by buyers filling in supply ga...

Resin pricing News May 29th 2012 by quick pak inc

Market Update & Summary May 29th 2012:




Spot resin trading activity was good, lower prices were welcomed by buyers filling in supply gaps from the inventory drawdown while awaiting this price relief. Although transactions were many, volumes remain small as the general consensus is that the market will continue to ease. Average Polyethylene prices shed another $.02/lb; continued spot weakness leads some to believe that May contracts, although offered by producers down $.04/lb, could ultimately settle with a larger discount. May Polypropylene contracts settled down $.10/lb along with PGP; however, spot Polypropylene prices dropped another $.04/lb this past week, catching up to the break in the spot Propylene monomer market.



The recent trend of lower Crude Oil and higher Natural Gas prices remains intact. July Crude Oil futures, which are rolling to the front month, dropped $4.69/bbl to $91.80/bbl, the lowest in about 6 months. July Natural Gas prices rallied $.233/mmBtu to end the week at $2.822/mmBtu; it now sits about $.70/mmBtu above levels from 30 days ago. The Crude Oil: Nat Gas price ratio contracted to 32.5:1, the tightest since Dec; the spread was at 51:1 just a month ago.



Spot Ethylene prices fell further in another action packed week. Monomer supplies have increased as the turnaround season nears completion; nearly 90% of total cracker capacity is currently operational. Ethylene for May delivery shed $.025/lb to last trade just below $.52/lb - spot Ethylene was priced around $.75/lb just six weeks ago. Transactions were also seen in the forward months and while prices for the balance of 2012 remains pressured, the curve has flattened considerably. Ethylene for June delivery was at $.5125/lb and July just a half-cent back. Material for delivery in the 3rd quarter was around $.50/lb with about a $.02/lb discount needed to garner 4th quarter interest. Although Ethylene margins have shrunk as the monomer price sunk, they are still very wide on a historical basis. Ethane ended the week just under $.42/gal (almost $.18/lb), providing the cracker with an inexpensive feedstock.



Spot prices for most Polyethylene grades slid another $.02/lb; the market is now down $.08/lb over the past 6 weeks. Falling energy and feedstock costs have contributed to the negative sentiment gripping the market. Producers have offered to drop May contracts by $.04/lb and in the meantime have been generally willing to meet lower-priced competitive situations with downgraded prime material. Domestic purchasing is very sluggish as processors work down their inventories, causing producers’ inventories to swell. The export market is very tough and currently not providing an ample outlet to offset these growing supplies. Houston traders are still caught with material and are just looking to unload quickly and mitigate losses, most are not ready to make new speculative purchases, regardless of price.

Friday, May 25, 2012

Quick Pak - What the Packaging Trade is Saying!: Stretch Film Pricing News

Quick Pak - What the Packaging Trade is Saying!: Stretch Film Pricing News: Prices for polyethylene slid another $.02/lb; the market is now down $.08/lb over the past 6 weeks. Falling energy and feedstock costs have...

Stretch Film Pricing News

Prices for polyethylene slid another $.02/lb; the market is now down $.08/lb over the past 6 weeks. Falling energy and feedstock costs have contributed to the negative sentiment gripping the market. Resin producers have offered to drop May contracts by $.04/lb and in the meantime have been generally willing to meet lower-priced competitive situations. Domestic demand is very sluggish..


Trade Reports May 2012



Efforts to implement even part of the .07/lb Polyethylene increase in May have already been dashed weak feedstock markets now point to a steep drop.

Trade Reports May 2012



The shift in the pricing cycle is underway. Once the down trend is solidly confirmed, which it appears to be, it could last for a while. Indicating ever- decreasing resin feedstock costs for at least the balance of 2012. So as long as the industry can avoid a major production disruption it seems like this cycle’s highest resin prices may have passed.

Trade Analyst May 2012



Abundant resin availability has pushed buyers away since they expect prices to slide further. After a run-up in prices during the 1st quarter, distributors and traders, looking to get ahead of an imminent drop in prices, have become aggressive with their offers as they try to liquidate inventories.

Trade Analyst April 2012

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

Tuesday, May 22, 2012

pricing news

Quick Pak - What the Packaging Trade is Saying!: PE Pricing news from quick pak inc

Quick Pak - What the Packaging Trade is Saying!: PE Pricing news from quick pak inc: Polyethylene Spot prices for most Polyethylene grades slid another $.02/lb; the market is now down $.08/lb over the past 6 weeks. Fallin...

PE Pricing news from quick pak inc

Polyethylene


Spot prices for most Polyethylene grades slid another $.02/lb; the market is now down $.08/lb over the past 6 weeks. Falling energy and feedstock costs have contributed to the negative sentiment gripping the market. Producers have offered to drop May contracts by $.04/lb and in the meantime have been generally willing to meet lower-priced competitive situations with downgraded prime material. Domestic purchasing is very sluggish.


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://quickpakinc.com/pricing_news.html

Friday, May 18, 2012

http://quickpakinc.com/pricing_news.html

Quick Pak - What the Packaging Trade is Saying!: LLDPE Resin Pricing by quick pak inc

Quick Pak - What the Packaging Trade is Saying!: LLDPE Resin Pricing by quick pak inc: Polyethylene prices shed $.02/lb, which brings the rolling 30-day loss to $.06/lb. The break comes amid ample material availability, quick...

LLDPE Resin Pricing by quick pak inc

Polyethylene prices shed $.02/lb, which brings the rolling 30-day loss to $.06/lb. The break comes amid ample material availability, quickly falling monomer prices and lower contract prices. Despite tight feedstock supplies and high spot costs, producers ran reactors above 90% in April, which proved way too much considering the lowest domestic demand in 2 years and while exports are the worst since Jan 2009.

Tuesday, May 15, 2012

Quick Pak - What the Packaging Trade is Saying!: Revolution Plastic Baler

Quick Pak - What the Packaging Trade is Saying!: Revolution Plastic Baler: Revolution Plastic Baler The Revolution Plastic Baler is a small hand operated baler for plastic, cardboard, paper, shredded paper. ...

Revolution Plastic Baler

Revolution Plastic Baler

The Revolution Plastic Baler is a small hand operated baler for plastic, cardboard, paper, shredded paper.

With a footprint of only 23" x 28" this machine produces bales of up to 44 Lbs of cardboard & up to 75 Lbs of plastic film.

The machine is suitable for Offices, Farms, Factories, Warehouses and distribution centers.


Needing no power source the machine can be used anywhere and is ideal where space is limited or ceiling height is low.

Your Cost: $1,480/EA


The Revolution Plastic Baler Ideal For:


STORES – OFFICES – HOTELS – SCHOOLS - FACTORIES – WAREHOUSES – FARMS – DISTRIBUTION CENTERS

Tired or throwing away all that paper and junk mail that poures into your office / building every day?
Tired of all that stretch wrap that is removed from pallets and all over the place?
Did you know that you can get up to $0.30 cents per pound for baled plastic.

- Bale weight of up to 75 Lbs
- Volume reduction of up to 80%
- No power supply required
- Slotted door for easy tying
- Indoor / Outdoor use
- Powder coat paint finish
- Optional wheels
- Optional bolt down brackets
- Easy to handle bale
- Reduced Disposal Costs
- Facilitates Recycling
- Cleaner Work Place
- Lower Labor 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





Monday, May 14, 2012

Resin pricing from quick pak inc

http://quickpakinc.com/pricing_news.html

LLDPE: Steep drop in May pricing...by quick pak inc

Efforts to implement even part of the $.07/lb Polyethylene increase in May have already been dashed weak feedstock markets now point to a steep drop in May pricing.


Trade Reports May 2012



After first quarter increases and a steady month of April, resin buyers are eyeing falling markets and are looking to share in upstream cost savings.

The shift in the pricing cycle seems to be underway. Once the down trend is solidly confirmed, which does appear imminent, it could last for a while. Indicating ever-decreasing resin feedstock costs for at least the balance of 2012. So as long as the industry can avoid a major production disruption it seems like this cycle's highest resin prices might past.

Trade Analyst May 2012



Abundant resin availability has pushed buyers away since they expect prices to slide further. After a run-up in prices during the 1st quarter, distributors and traders, looking to get ahead of what appears to be an imminent drop in prices in the coming months, have become aggressive with their offers as they try to liquidate inventories.

Trade Analyst April 2012

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