Stretch Film and Resin Pricing For May 2016
TRADE REPORT - More increases on the way!
Closely watched resin analyst reporting PE/LLDPE and PVC up this month as expected.
March resins rise in the U.S.
LLDPE up $.05/lb (pallet stretch wrap)
PVC up $.04/lb (food wrap/cling film)
LLDPE up $.05/lb (pallet stretch wrap)
PVC up $.04/lb (food wrap/cling film)
BULLISH SENTIMENT ON PE RESIN – oil up and ethylene monomer costs soar driving resin prices up
LLDPE RESIN TRADE CONTINUES BUSY – PE buyers are out in force in anticipation of future higher pricing
NEW NOMINATION – April increase announced for LLDPE (4c/lb) on top of March 5c/lb hike
Trade Reports March 2016
Resin makers announce another increase for April (ExxonMobil) (LyondellBasell) (Dow) (Westlake) (Chevron Phillips)
Stretch film makers announce price increase for April (Amtopp) (Sigma) (AEP) (Intertape) (Malpack) (Berry)
Read more at: www.quickpakinc.com
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