May 2021 Packaging Raw Material Update
Resin spot prices have continued to move higher and perhaps it is simplest to list price changes coming into March by category and region. Monomer costs are beginning to correct in North America and Asia and this is resulting in cost corrections, most notably for polypropylene in North America.
LDPE Resins +9%
LLDPE Resins +5%
OPP Films +15% to 20%
PET Films +6%
PVC Shrink Films +3% coming out of April.
L/LLDPE Resin +22%
OPP Films N/C
PET Films +10%
Aluminum Foil +3%
L/LLDPE Resin -4% but could move upward later in May
Aluminum Foil +2%
Price Tracker provides subscribers with a six to seven year price history for all materials for North America, Europe and Asia. We continue to add materials all the time. This data is provided in spreadsheet format so you can build charts and presentations.
Price Tracker is an indispensable tool for managing supplier packaging price changes based on raw material input costs.