Understanding Packaging and the Basics
Packaging Insight is a resource to help our customers understand the terminology used in the various packaging industries. We hope you find the information on these topics both informative and useful. As always we are committed to the success of our customers. If you have a question or need information on a product or topic not mentioned feel free to call us 813 242 6995.
Stretch film Pricing for October 2014
MARKET NEWS October.
LLDPE Resin – Plastic industry analysts are reporting PE resin pricing flat for October (no change). Trade Reporter October 2014
Dow Chemical earned 72 cents per share for the third quarter, 4 cents above estimates, with revenue above consensus as well. Dow was helped by higher sales in plastics and performance materials.
Business News October 2014
"Polyethylene shed $.01/lb in slow and nervous trading. PE demand fell silent as sharply lower energy and feedstock prices had buyers sensing lower resin prices ahead. There was a modest increase in resin availability this past week; LDPE and LLDPE film grades have become easier to source. However, Polyethylene reactor issues have kept overall resin supplies fairly tight"
"resin trading practically screeched to a halt; massive volatility in world equity and energy prices created uncertainty in the resin markets and sent buyers to the sidelines."