Flexible Packaging
November 2024
LDPE and LLDPE resins and films dropped by about 2% in October as over supply in ethylene and resins in many global regions weighed on prices. The Atlantic hurricane season has been active but to this point has not had a major impact on petrochemicals or polymers.
OPP films were flat to down in October on reduced input costs.
Aluminum Foil increased in all regions on much stronger prices on the London Metal Exchange
EVOH and Nylon 6 were softer in all regions coming into Q4.
Highlights from the Pack Trax 2025 Packaging Material Cost Forecast / June 2024
We believe raw material inputs will be only moderately inflationary over the 18 month period through the end of 2025.
For October, our 2025 Forecast is higher by 1.6% on average mostly because predicted inflation for resins because of a projected
impactful hurricane season has not, as yet, materialized.
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
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.