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TwitterThe Dow Chemical Company - Polyethylene Price Notification Effective May 1, 2016 US
LLDPE Resin increase #3 set for May
Will impact future stretch film costs
Effective May 1, 2016, The Dow Chemical Company (TDCC) will increase the selling price of all polyethylene resins in the United States by US$0.05/lb. This announcement is in addition to all previously announced increases.
Products included in this price increase are as follows:
All other HDPE and LLDPE Resins (Read Dow Letter)
BULLISH SENTIMENT ON PE RESIN – ethylene monomer costs soar driving resin prices up
LLDPE stretch film increase (#2) announced. Set for May 2 (Sigma) (Berry) (AEP) (IPG) (Amtopp) (Western Plastics)
In response to this April 1st resin increase, all new orders received on or after May 2nd will be priced at a 5% increase. This increase is in addition to our previously announced increase implemented April 4th. Improving global and domestic demand, along with rising feedstock costs are currently supporting this increase.
U.S. Stretch Film Producer April 2016
How to play in a volatile stretch film arena
Forecast your needs for stretch film – Buy in 60 days supply at todays price in a firming LLDPE stretch film market
Western Plastics offers authorized distributors lower minimums/shorter lead times for immediate billing
A LOADED QUESTION "what is the current price for stretch? Bring a firm purchase order and we will talk."
As a result of recent resin increases and the announcement of further increases by resin suppliers, we find it necessary to increase the prices on all PVC packaging films by 8%. This increase includes all meat/produce/cheese/deli, laundry and specialty films. (Read letter)
U.S. PVC Film Producer
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) (Paragon) (Hi-Tech) (Western Plastics)
RESIN FIRMS -The LLDPE market has firmed on tighter supply
RESIN BOUNCE - PE market has bottomed and started to rise
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