Good morning,

We were hoping to give everyone a few more days to order when CDI stated there would be no change in resin cost but I H S reported yesterday that prime resin is up $.05 per pound verifying the need for stretch film prices to increase.

We are still accepting orders today at current levels but as of 2-05-2024, prices are up $.05/ pound.

A few weeks ago, the spot resin market increased $.03 per pound. This can affect poly bags and film but as of today the firms I represent have not raised prices, if that changes a notification will follow.

Thanks, and have a great weekend.

Sincerely,

Jim Petruzzi

PS CDI and I H S Markit/S&P Global are information service providers that our industry relies on to verify contract resin prices.