PVC shrink and blister film prices remained stable in all regions with the exception of Asia in October as resin prices have turned somewhat bearish. PVC resin prices moved higher by around 5% in Asia for October and this is pressuring PVC shrink label prices.
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.