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 News
LLDPE RESIN TRADES BUSIER "resin trading continued to trade at a rapid clip"
LLDPE SET TO ROLL FLAT "October PE contracts will roll flat, maintaining the $.03/lb increase garnered in September."
US ENERGY IN THE RED "The major US energy markets were pummeled and all ended deep in the red."
E DOWN "Ethylene prices are set to slide each month for the foreseeable future"
GOOD COMPLAINT "Polyethylene trading was very good"
INCREASES TABLED "There are a couple price increases currently on the table, but it is likely that for most grades, we have already seen the highest Polyethylene prices of the year."
CRYSTAL BALL - PE forecast "cannot yet predict when a drop might begin, but it feels that we are now at historically high prices."
"Product manufacturers may start to shift away from polyethylene because of high prices, according to two major plastics processors."
“We don’t know what the maximum [PE price] is, but we clearly recognize that in North America we are probably approaching that point.”