Stretch Film and resin pricing news

NEWSWIRE SNIPPETS








LLDPE "resin markets were very active the first week of June"



"May Polyethylene prices ended flat, producers are again looking to implement their $.04/lb increase while processors are seeking price relief"



"Polyethylene trading was good"



"May contracts ended steady after a full month of negotiations, producers are now taking a third swing at their $.04/lb increase, processors on the other hand are seeking a $.02-.04/lb decrease in June."



"resin trading in June got off to a rapid start"



"Polyethylene players reached steady agreements for contracts each of the past 2 months and will square off again on that same $.04/lb increase; buyers will not call a flat June a win as they are truly seeking a decrease"

Packaging Sources June 2013