Stretch film pricing

Prices for polyethylene move higher. Rising costs earlier in the year for ethylene, the key chemical use to make polyethylene, are behind the firmer price for the plastic. U.S. polyethylene prices rose 5.7% during the first quarter of 2013. Ethylene itself saw its prices jump by nearly 30% between early December and late January, threatening the profitability of certain plastics' manufacture. Polyethylene is so widely used in the manufacture of packaging, consumer goods and industrial stretchfilm that it is considered by many to be as ubiquitous as fuel.

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