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Shipping Boxes Wholesale Blog

Resin suppliers have announced a price increase

Posted September 27, 2011

Resin suppliers have announced a price increase based on increasing demand and decreasing inventory levels. As with most markets, when the demand goes up you can typically expect to see the price rise since the current inventory is depleting. Most manufacturers have made customers aware that due to the resin increase, stretch film prices were scheduled to increase approximately 7% the first week of October 2011. Conpac Group has been received notifications from our manufacturers that the scheduled increase has been put on hold. This is not to say that it will not happen, but for the time being prices stay current. As always, we will stay on top of the current market conditions and post any pertinent information here.