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 Pricing News for Feb 2016
NEWSWIRE SNIPPETS Keep up to date on LLDPE, PVC pricing developments.
RE: Polyethylene Resin Price Increase
The Dow Chemical Company (“TDCC”) will increase the sales price for all polyethylene resins by $0.05/lb effective March 1, 2016. This letter replaces all previous price communications.
Products included in this price increase are as follows: DOWLEX™ Polyethylene (LLDPE) Resins. TUFLIN™ Linear Low Density Polyethylene (LLDPE) Resins. All other HDPE and LLDPE Resins
ExxonMobil Chemical Company
Effective March 1, 2016, ExxonMobil Chemical Company will increase the price by $0.05 per pound on all HDPE, LDPE, LLDPE, Exceed™ and Enable™ polyethylene resins that you purchase from ExxonMobil Chemical Company. This price increase replaces ExxonMobil Chemical Company’s previously announced price increase.
"Polyethylene trading was busy; supply was high and although there was pricing gyration amongst grades, they averaged out steady."
"LLDPE Butene has been the weakest of the film grades, higher quality resins like Hexene, Octene and Metallocene, while amply available, have developed sizable premiums."
"Some producers are again positioning for a price increase in Feb, but if another $.02-.03/lb came out of contracts instead, we would not be surprised at all."
Trade News February 2016
"LLDPE supplies were generally plentiful, order flow was heavy and a high volume of material changed hands."
"Export prices in Houston continue to slide amid a demand lull, with Chinese New Year"