Stretch Film Pricing
Keep up to date on LLDPE, PVC pricing developments.
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Due to continued tightness in feedstocks and improving global and domestic market demand, our resin suppliers have informed us of their intentions to implement a resin increase effective September 1st. In addition to this September increase, some suppliers have also announced another increase effective October 1st which we will monitor and address at a later date.
In response to the September 1st resin increase, all new orders received on or after September 30th will be priced at a 7% increase. Read Letter (Sigma) (Amtopp) (AEP) (Western Plastics) (Paragon) (IPG)
U.S. Strech Film Producer September 2013
Stretch Resin Rolls Flat "Polyethylene contracts were flat again in Aug; there are $.05/lb increases nominated for each September and October."
LLDPE Market Dynamics "October Natural Gas futures spent much of the week in higher territory and reached above $3.70/mmBtu."
LLDPE Market Dynamics "Ethylene trading was fairly brisk."
Resin Push "PE prices pushed an extra penny higher"
Factors Driving Resin Costs "PE prices were strong during August as several supply interruptions affected the market"
Tight PE Supply "Polyethylene buyers are not too keen to buy in to the current $.05/lb price increase and feel no threat by the extra nickel nominated for October; still spot PE supplies are fairly tight."
Packaging Sources September 2013