Inteplast AmTopp Stretch Film announcement of a Sept 1st price increase at 4%.
Increase: On Friday September 1st / Orders Placed. What is driving this increase: It’s the RESIN COMPANIES pushing for a series of what they classify as a supply based (tight supply) market resin cost increases. They are actually pushing for 2 increases (back to back). AmTopp felt compelled and responsible to provide written notice to customers, just in case. Please place your orders for your September film needs IN ADVANCE of this announced Sept. 1st increase. ***** Notes on this increase ***** Only AmTopp, Intertape and MalPack have announced this Sept 1st price increase. The other 4 major stretch producers chose NOT to follow and announce this increase. This increase has a REAL POSSIBLITY to get DELAYED or even CANCELLED. Probably delayed. CDI resin index publishes this Friday August 25th we will know then about this increase status. I will send an update ...