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.
Resin and Plastic Pricing News
Spot resin trading was solid, transactional volumes
increased even though the flow of offers diminished. Polyethylene prices were
steady to higher while spot Polypropylene finally began to ease, but just a
tad. PE contracts should roll steady for the second month in a row, producers
en masse have issued a $.05/lb price increase effective for May, looking to
start reversing the $.16/lb of decreases seen from Nov-Feb.
contracts are decreasing in April, but it will be something less than the $.06/lb
decline in PGP monomer costs. Despite the continued strength in the US dollar,
export demand for North American resins remains strong due to a number of
international cracker and reactor outages creating a need for more material.
LLDPE PRICE MOVES "Polyethylene prices were steady to
LLDPE MAY INCREASE "PE contracts should roll steady for
the second month in a row,resin producers en masse have issued a $.05/lb price
increase effective for May, looking to start reversing the $.16/lb of decreases
seen from Nov-Feb."
PE EXPORTS STRONGER "Despite the continued strength in
the US dollar, export demand for North American resins remains strong due to a
number of international cracker and reactor outages creating a need for more
MARKET DYNAMICS I "Natural Gas futures bounced off
nearly 3 year lows, recovering almost 5%, as June jumped $.121/mmBtu to $2.679/mmBtu."
RESIN DEMAND UP "Polyethylene trading continued to tick
along at a rapid rate; the market is seeing both better demand and lighter
LLDPE FINDS FLOOR "The PE market has a firm undertone
and the lower end of the pricing spectrum has moved up in general."
On Friday, March 23rd, the Pulp and Paper publication
confirmed the $50 per ton linerboard increase that had previously been
announced by all major corrugated manufactures. Key reason behind the increase
are the growth in demand for corrugated relative to capacity constraints,
declining inventories, and ever-increasing transportation costs due to fuel and
the nationwide driver shortage.
While we understand that increases are painful,
we cannot ignore material costs when commodity prices fluctuate.
Parts for Industrial ITW Mima Stretch Wrap Equipment
Quick Pak Inc is ready to help make sure you get the right
ITW Mima parts shipped when and where you need them. As a factory authorized
and trained distributor of original machine parts for ITW Mina, ITW Liberty,
ITW Wrappers and ITW Muller industrial stretch wrap equipment, we have an
extensive inventory of parts available for immediate shipment.
Parts are available for ITW Signode Spiral Grip, ITW Cobra,
ITW Raptor, 3.3 Series, 4.4 Series and ITW Octopus stretch wrappers.
Please call us at 813 242 6995 or email us at:
email@example.com for assistance in placing your order, requesting
manuals, checking availability or confirming pricing. Our friendly and
professional service team is eager to help.