Stretch Film and Resin Pricing News

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Keep up to date on LLDPE, PVC pricing developments.

Two Fresh Cracker Disruptions Sends Spot Ethylene Prices Soaring More
Trade reports July 2014

Equistar Issues Force Majeure on Polyethylene More
Trade reports July 2014

AUGUST INCREASE - "if the export market heats up again, Polyethylene could potentially take another leg higher. There were price increases issued months ago, but the amounts were not consistent amongst producers; we would not be surprised to see some oldies get cancelled and fresh nominations issued for August"  

LLDPE Today: Ready to move higher

LLDPE ROLLS STEADY - "Polyethylene continued to price steady at levels seen for at least the past month"

HARD TO FIND TRUCKS - "Continued logistics challenges are certainly noteworthy; shipping costs remain elevated and trucks/drivers have been hard to find."

PE FLAT - "Polyethylene trading was lighter than average and prices were flat."

INVENTORIES TIGHT - "resin inventories are actually above average, market conditions feel at least balanced, if not a little tight."

BUCKING DECREASE - "Producers kept PE contract prices flat March through June, bucking processor calls for a decrease,"

EXPORT PRICES FIRM - "International resin prices have been firming, prompting increased export interest."
Packaging Sources July 2014

FOODSERVICE TRADE NEWS
Aluminum suppliers consolidation continues at pace

TRADE NEWS – Foodservice
Aluminum producer Alcoa has reported a jump in earnings on strong metals pricing and lower costs as it confirmed its outlook for 7% aluminum demand growth in 2014.
July 2014 reporting season

Watch this space