June 3, 2024 Stretch Film Increase

CDI reports that LLDPE branded resin is unchanged in February, waiting on I H S report.
February 28, 2024
August 5, 2024 Stretcf Film Increase
July 23, 2024
CDI reports that LLDPE branded resin is unchanged in February, waiting on I H S report.
February 28, 2024
August 5, 2024 Stretcf Film Increase
July 23, 2024

June 3, 2024 Stretch Film Increase

5-29-2024

 

Good afternoon,

 

We have delayed the implantation of this increase to orders placed on orafter 6-03-2024.

 

Here is the letter from 15 days ago:

 

5-14-2024

 

LLDPE prime resin is up $.08 per pound over the last 12 months and $.05 for the calendar year but with the stretch film decrease I sent effective on 5-06; we are down and an average of $.02/ pound from this time last year.

 

There is a reason for it, we are in a competitive market, and we want to keep writing orders!

 

As soon as we lowered the price on 5-06, I H S report verified that primeresin is increasing $.03/ pound. Then all major stretch extruders put increaseletters out that same day.

 

So, on orders placed on or after 5-28-2024, we will go back to our4-08-2024 price levels, which are $.03 higher than today. If anything changes,I will let you know as soon as possible.

 

Thanks for your business.

 

Sincerely,

 

Jim Petruzzi

 

Cell: 630-215-8869


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