Just a quick update on the state of the resin marketplace and what to expect in the coming 30 to 60 days as it relates to stretch film pricing and all things made with PE resins. In short, it appears prices for November will remain flat as we head into December. There is an outside chance we could see a penny or two slide in November, but more likely this will wait until December. Just in time for the holidays. See below excerpt from this weeks The Plastics Exchange article: There was very little movement in spot Polyethylene prices during this past week. While PE resins in general are adequately supplied, specific grades are sometimes hard to source. Although technically there is a price increase out there, rolled over from October, suppliers are not pursuing it and fresh railcar offers were seen at basically the same levels as the past several weeks. Processors are set on earning some price relief before the end of the year, but time is starting to run thin. Traders and...
