CDI Resin Pricing News

August 2013 CDI is estimating that HDPE, LLDPE, and LDPE will be flat for August. PP is up $.05 already as a market settlement. As usual, the LLDPE, LDPE, and HDPE number is CDI’s estimate and has yet to be confirmed with the resin suppliers who still have increase nomination on the table for August. Interestingly the report talks about rising global oil prices, and improving seasonal global and domestic PE demand. These factors will work against any resin price decreases the market seemed to have thought were coming in the near future.