Chem Data (CDI) Reports a $0.5 Cents per Lbs Drop in August
LLDPE RESIN SALES BRISK "resin markets continued to
transact at a rapid rate,"
PE FALLS "prices, which had been consistently falling
for weeks on end, mostly held steady at lower levels. Nearly all PE producers
have lowered their August contract prices by $.03/lb, although there are still
widespread calls for a larger decrease."
RESIN COSTS DOWN "Oct Natural Gas futures skidded
5%"
LLDPE LOWER AHEAD "The Polyethylene market saw good
activity, the flow of offers was heavy; consequently, most PE grades are
readily available at discounted prices."
PE PRODUCER RESISTANCE "Resin producers have long
resisted the call for a larger price decrease; although it is getting late in
the month, it is still possible and if not in August, it should come in
September."
Trade Reports August 2015
RESIN TRADE REPORTS
August Pricing and Chem Data Report (CDI) is showing Down 5
cents per Lbs
LLDPE down 5c/lb
PVC down 1c/lb
Market analyst issues August benchmark report
More info on pricing here: www.quickpakinc.com
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