Bottles & Closures
November 2017 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.
PE resin prices declined in October and November as storm premiums have begun to peel off. New capacity coming online in late 2017 / early 2018 will weigh on the market.
Polypropylene resin prices inched a bit lower in most regions in November on softer monomer prices.
PET resins inched lower in all regions in November.
Polystyrene resins moved sharply higher in North America and Europe and were up slightly in Asia on stronger benzene prices.
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.
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