Second Price Increase Set for March!
Packaging News
LLDPE: March increase set for stretch (Hike #2)
PE suppliers have implemented a resin price increase effective March 1st. This increase is reportedly supported by improving domestic/global resin demand and rising feedstock costs.
In response to this new March resin increase, all orders received on or after March 27th will be priced with a 7% increase.
U.S. Stretch Producer March 2017 (Read Letter)
RESIN MARKET REPORTS:
Trade analyst saying February resin pricing moved up
Movers this month
LLDPE (STRETCH) up 5 cents per pound
Also, another respected analyst suggested that $.03 out of the newly announced $.06 (LLDPE) increase in March could happen and to plan accordingly.
More pricing info here: www.quickpakinc.com
Comments
Post a Comment