Flexible packaging resins such as LDPE and LLDPE were higher by 1% to 2% in most regions as resin producers have been attempting to raise prices from depressed levels over the past several months.  Exceptions are LDPE in Europe and LLDPE in Asia.

LDPE and LLDPE were higher by about 2% in North America and Latin America

Exceptions were LDPE in Europe and LLDPE in Asia which were a bit softer.

OPP and PET films were flat in all regions except PET in Asia where prices softened about 2%

Aluminum Foil was down by about 3% in all regions on lower London Metal Exchange primary aluminum weakness

Ink and coating cost inputs were mixed resulting in our Index remaining virtually unchanged coming out of August

 

We believe raw material inputs will be only moderately inflationary over the 18 month period through the end of 2025.  

Supply management of over-supplied materials will be a key driver of items such as PE resins, paper, boxboard and containerboard

We are projecting very modest economic growth but substantial weakness in the goods-producing sectors resulting in relatively week packaging demand

The Euro should strengthen vs. the $USF and that will be disinflationary for Europe.

Trade tensions in metals will become more prominent 

A challenging Atlantic hurricane season has been predicted and this could roil resin markets

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.  We recently added a price set for Southeast Asia as well as rPET Flake and Pellets for Europe and North America and EVOH and Nylon 6 in North America and Polylactic Acid for all regions.  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.