Chem Data Report May 2017 LLDPE

Subject: Chem Data Report - May 2017 LLDPE



  
May CDI is out and estimates $.03 down on LDPE, LLDPE, and HDPE. This has been confirmed as the market position by more than one of our resin suppliers but not all. That being said, I don’t see how this does not become the eventual market position for May.

PP is being posted at down $.075.

See below the resin moves we’ve had this year.


  • We had resin increases of $.05 in February and $.03 in March.
  • There was a pending $.03 increase for May 1st that has been pushed out to June 1st.
  • In addition to delaying the above $.03 May 1st increase, the market appears to be dropping $.03 May 1st.
  • This would leave the $.05 increase from February as the only movement we’ve had in resin pricing this year. 
More pricing information here: www.quickpakinc.com