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.
Second Price Increase Set for March!
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.