Stretch Film and Plastics Pricing News

NEWSWIRE SNIPPETS 


Our polyethylene resin suppliers have informed us of a new resin price increase effective February 1st. Factors supporting this resin increase are; improving domestic and global demand, rising feedstock costs. In response to this February 1st resin increase, all new orders received on or after February 24th will be priced at a 7% increase.
U.S. Stretch Film Producer January 2017 (Read Sigma letter)

MARKET BEAT
Alcoa reported higher-than-expected revenue in its first quarterly results, helped partly by a rise in alumina prices. Alcoa said it expects a 6% increase in demand from China, driven by packaging, electrical, transportation sectors. "Rising aluminum prices improved the bottom line," the company said in a statement, adding that margins doubled in one segment. Aluminum prices climbed to a 20-month peak yesterday after reports of potential capacity cuts in China.
Trade Reports January 2017

RESPECTED MARKET ANALYST REPORTS TODAY
January LLDPE rolls flat (NO CHANGE): Added the following rider ‘As a result of global PE prices starting to rise and spot ethylene trading in the mid 30’s in the final week of January, it now looks like domestic PE producers are going to be successful in achieving the 5 cent price increase they have nominated for February’. One U.S. producer has already announced an additional 6c/lb LLDPE hike slated for March.
Resin Trade News January 2017

LLDPE resin price increase
In addition to the $.05/lb price increase nominated for February Polyethylene contracts, at least one major producer has added a $.06/lb price increase for March implementation.
Trade Reports January 2017

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 ...
Read more