Resin Pricing News November 1st 2014



RESIN SALES WAKE "The resin market awoke from a two week nap, finishing October with quite a bang. Resin prices were weak"

E ACTIVE "Ethylene trading was extremely active"

PE SLIDES "The spot Polyethylene market came under pressure as sellers with groups of railcars hit the market searching for buyers ahead of month-end. Average Polyethylene prices slid $.01/lb"

EXPECT PE TO FALL SOON "It is likely that the Polyethylene market will recoil a little in the coming week as sales pressure is relieved at the beginning of the month." 

FILM MAKERS TO SEEK RELIEF "Resin Processors, eying the $.20/lb drop in upstream spot Ethylene costs, are seeking a contract price decrease of perhaps $.03/lb - which equals the September increase."

STELLAR SALES FOR RESIN "resin markets were active the first part of Oct and then fell silent, but this past week was stellar and it redeemed the month."

BEAR SENTIMENT "Polyethylene market sentiment is also bearish led by a $.20/lb drop in spot feedstock costs."

LIVING IN HOPE ON LLDPE "processors are hopeful for price relief, there is reason to be skeptical as one must turn the calendar back to Nov 2012 for the last market wide Polyethylene decrease and even at that, it was just$.02/lb."

 http://www.quickpakinc.com/blog

Comments

Post a Comment

Popular posts from this blog

Revolution Low Profile Pallet Stretch Wrapper

Image
Quick Pak introduces the Revolution Semi Automatic Stretch Wrapper. It’s a value priced semi automatic stretch wrapper. This price competitive workhorse will give you years of trouble free operation. It will solve the problems associated with poorly hand wrapped pallets.The Revolution represents an advanced design with completely reliable technology in a sleek frame, giving users a rugged machine of unmatched quality.The Revolution will convert the high volume hand wrap user over to wrapping pallets by machine. Special Offer: Buy 5 pallets of machine film and you get the Machine FREE. 20" x 80eq x 5000' High Performance Cast Machine Film 1-side cling, 50 rolls per pallet, 25.2 Lbs/roll. 5 pallets x 50 rolls = 250 rolls @ $39.81 per roll Total investment = $9,952
Read more

Choosing Biodegradable Plastics

Image
Becoming more sustainable is one of the core goals of many businesses as more consumers become environmentally aware, and packaging is a great place to start. However, making the best sustainable packaging choices for your business can be challenging – there are so many options out there.  Plastics are often touted as one of the key pollutants of our seas and oceans – with up to 8 million tons ending up in marine environments each year. However, many businesses still have a need for it, so it makes sense that they may go in search of eco-friendly plastic alternatives. This is where things can become complex. Not all “green” plastics are as environmentally friendly as they seem… Commonly, many companies will interchange the terms biodegradable, bioplastic and compostable when discussing packaging but this can be misleading. Confusion around these terms can then lead to misconceptions about the disposal of so-called biodegradable materials. So, what’s the difference?   Bio-based, B
Read more

Saving Money Using Banding Stretch Film to Ship UPS and FEDEX

Image
Here in this video I have 10 cases I'm shipping out UPS Ground.  The cost is $68 total for the 10 cases.  I used 5" wide Stretch Banding Film by Quick Pak Inc and wrapped the cases in packs of 2.  That took about 5 min and the cost to ship the same 10 cases wrapped in two's cost just over $30 total. Product Used:  5" x 80ga x 1000' Stretch Banding Film on 3" cores and 1 plastic handle per case. Handy wrap banding stretch film is made with an extended core for easy maneuvering. This bundling stretch film has a 1 inch diameter core on one side that is less bulky and easier to handle than other stretch film dispensers. Its built-in handle is ready to use right out of the box and is disposable after use. Each roll of plastic stretch wrap is a high quality cast film that is residue free and will stick to itself without any adhesives. Bundling plastic wrap is an inexpensive alternative to wire, twine, tape, or strapping. Buy Here: https://quickpakinc.com/5-
Read more