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"
Trade News February 2016

More information here: www.quickpakinc.com


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

Edge Protectors for Better Strap Tension.

Image
Strap edge protectors are made of multiple plies of recycled paper laminated together and formed into a right angle. The protectors are cut to length for both hand and machine application. Strap protectors improve strapping tension and protect the product from strap damage. Features and Benefits: -Custom print available. -Cut to length for both hand and machine application. -Cost effective. -Shorter lengths provide protection at maximum cost and material efficiency. -Strap protection. -Improves tension transmission of strapping and afford product edge protection from strapping damage. -Sustainable. -Uses 100% recycled and recyclable materials Strap protectors come in a variety of sizes and strengths. Contact us at 813 242 6995 or sales@quickpakinc.com  
Read more

Why Reinforced Edges on Pallet Wrap?

Image
When it comes to shipping and storage, the stability of the pallet is paramount.  Pallet wrap, also known as stretch film or stretch wrap, is a highly stretchable plastic film that secures items tightly together. But not all pallet wraps are created equal. The inclusion of reinforced edges makes some stretch films stand out in the realm of shipment protection. So, what exactly does this mean, and why should businesses care? Before delving into the specifics of reinforced edges, it is essential to understand the role of pallet wrap. The primary purpose of wrapping pallets is to stabilize and secure products during transportation or storage. Pallet wrap must be durable and resilient to withstand a variety of stresses, including load shifting, vibrations, and even environmental factors like moisture and dust. Reinforced edges refer to the additional strengthening material along the sides of the pallet wrap. This can be in the form of a band of thicker plastic or a mesh-like strip that
Read more