Another resin price increase for Feb 2013!!!

Polyethylene offers began to flow, priced up $.05/lb to reflect January price increase initiatives.

Film Processors were not eager to jump at the offers, claiming slow business to begin the year and ample inventories from hefty Nov/Dec purchases.

Still with spot monomer costs surging, producers were not willing to budge on price and maintained their intent to implement the nickel increase. Most Resin producers have backed the increase efforts with a fresh $.04/lb nominated for February