Plastic Pricing Keeps Going Up!
20 Jan 2010
PRICING ON ITS WAY UP !!
We have been advised that our polyethylene resin suppliers have implemented their previously announced .05/lb increase which will go into affect on Feb. 1, 2010 (This brings the total resin increases implemented since January of last year to over .21/lb). Our suppliers are citing continued export volumes, extremely low inventories throughout the supply chain, high operating rates, and rising costs on feed stocks as the main reason for the increases. Please be assured we will continue to support our loyal customers and continue to minimize the impact that these increases have on your business.
We have been advised that our polyethylene resin suppliers have implemented their previously announced .05/lb increase which will go into affect on Feb. 1, 2010 (This brings the total resin increases implemented since January of last year to over .21/lb). Our suppliers are citing continued export volumes, extremely low inventories throughout the supply chain, high operating rates, and rising costs on feed stocks as the main reason for the increases. Please be assured we will continue to support our loyal customers and continue to minimize the impact that these increases have on your business.