December Resin Prices Down



LLDPE - CATCH A FALLING KNIFE

December Resin Prices Down
PVC Down $.03/lb
PE down $.04/lb
U.S. Trade Analysts December 2014

PRUDENT - Working with falling prices - Western Plastics message to distribution. Buy film only as needed for immediate shipping/billing (think drop ships).

ASK A LOADED QUESTION "So what is the current price for stretch? That is always a loaded question, bring a firm purchase order and we will talk."

Natural gas craters, as mild weather forecasts compound a supply surplus and a general energy market swoon. Nat gas futures were as low as $3.12 per million British thermal units, which is the lowest level since January 2013, and represents a decline of 15 percent in two trading sessions. LLDPE stretch film in the U.S. is produced using Nat Gas.
Business News December 2014

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