The Polyethylene resin market pricing began the year with a strong upward trend. Now, as we approach the final quarter of the year, we are experiencing price increases in a range of resin based products including stretch film, poly bags on rolls, polypropylene strap, and various resin based films (LDPE, LLDPE, & HDPE). As a distributor of both hand stretch film and machine grade stretch film, R.V. Evans Company has already received notifications from several stretch film manufacturers informing us to expect price increases ranging from 7%-15% in the upcoming months. The major drivers for this resin price increase can be attributed to the tightness in feedstock costs, strong export business, rising energy costs, and increased global demand.
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Stay aware and informed as stretch film pricing will continue to fluctuate in the near future. If you have any questions or would like to speak with a Packaging Specialist for preparation recommendations contact us at www.rvevans.com or by calling 1-800-252-5894.