Prices rise for polyethylene film grades in North America

By Frank Esposito
Senior Staff Reporter

Published: April 17, 2013 1:55 pm ET
Updated: April 17, 2013 2:12 pm ET

Related to this story

Topics Materials, Resin Pricing, Materials Suppliers
Companies & Associations American Chemistry Council

AKRON, OHIO — As expected by resin buyers, the 4-cent price hike that hit non-film grades of North American polyethylene in February was seen by film grades in March.

Film-grade PE buyers had been successful in warding off the increase in February, but higher feedstock prices and suppliers' push for margin improvement won out in March. North American PE prices now are up an average of 9 cents per pound so far in 2013.

However, buyers were not giving an additional 4-cent hike on the table for April much chance of success because of slow demand growth and more recent feedstock price fluctuations.

A PE buyer in the Southeast U.S. said he now anticipates that regional PE prices will stabilize for a few months. PE makers "had their run-up," the buyer said. "Now prices might not change that much through the summer."

All three major types of PE — high, low and linear low density — showed growth in the first two months of 2013, according to the American Chemistry Council in Washington.

U.S./Canadian demand growth was especially robust for HDPE (up 7 percent) and LDPE (up 8 percent). For both grades, export sales growth of more than 20 percent boosted domestic sales growth of more than 4 percent.

In HDPE, sales into injection molding uses — including pails and housewares — were up more than 7 percent in the two-month period. For LDPE, sales into non-coating extruded products were up almost 30 percent.

LLDPE growth was more muted, according to ACC, checking in at just under 2 percent. Export sales growth of almost 5 percent helped boost domestic sales growth of just over 1 percent. Sales into injection molding applications were up 11 percent, while sales into trash and can liner film were up more than 6 percent.


Comments

Prices rise for polyethylene film grades in North America

By Frank Esposito
Senior Staff Reporter

Published: April 17, 2013 1:55 pm ET
Updated: April 17, 2013 2:12 pm ET

Post Your Comments


Back to story


More stories

Image

Medical compounder adding two extrusion lines

February 25, 2015 3:49 pm ET

Compounding Solutions LLC plans to add two new co-rotating twin-screw extruders this year to raise its capacity and provide more flexibility.    More

Image

US film recycling leaps 11 percent

February 24, 2015 9:00 am ET

UPDATED — Post-consumer plastic film packaging recycling jumped 11 percent year-over-year, according to new findings from the American...    More

Image

Solvay building PEEK unit in Georgia

February 24, 2015 8:36 am ET

Solvay SA is building a polyether etherketone resin plant in Augusta, Ga. The unit will be the company's second PEEK plant — the Brussels,...    More

Image

Polymer Points: Commodity resin prices start the year on a downward slide

February 20, 2015 6:00 am ET

The downward pricing pressure of late 2014 carried into the first month of 2015 for most North American commodity resins.    More

Image

DeFalco retiring after 17 years as Ampacet executive

February 20, 2015 2:36 pm ET

It’s a major understatement to say that Ampacet Corp. grew under the leadership of Robert DeFalco.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events