PP shrink sleeve prices will move higher as OPP film prices are moving higher as the second leg of the OPP price increase gets pushed through to the market. PVC shrink films will be flat in all regions as resin prices are flat to softer over the past two months.
PVC shrink and blister film prices remained stable in all regions in April as resin prices have turned somewhat bearish
Pack Trax has introduced a new feature, The Ink Cost Reference Index tracks ink input costs such as pigments, solvents, intermediates and resins. The Index moved higher by more than 20% over the past year and this has resulted in price increases for most grades of inks for 2018. Asia is the key producing region for ink pigments and new environmental regulations have pressured supply and pricing for key inputs.