Bottles & Closures
January 2018 Raw Material Update
We recently introduced a new feature, Price Tracker. This provides subscribers with a three year history on materials for all regions in spreadsheet format.
The correction in HDPE resins continued in December. New production capacity is weighing on market sentiment globally. Virtually all of the hurricane premium has now peeled away.
Polypropylene resins have remained stable in all regions and remain at some of the highest levels over the past three years. Propylene monomer inventory levels are at low levels in North America and in the past this has caused a spike in monomer / resin prices in the January - February period.
The 2018 Packaging Material Cost Forecast Update was published in June of 2017. This 265 page report has become an important part of purchasing and forecasting for more than half the top 25 Food and Consumer Products companies.
We are currently preparing a complete Forecast Update in January of 2018.
For a sample of our resin analysis and reporting, please request a