Open menu

British Rubber & Polyurethane Products Association

News

PAFA issues an industry-wide warning on soaring polymer prices

Posted on 14 April 2015

The Packaging and Films Association (PAFA), has issued an industry-wide warning that the prices of raw materials could see a “significant increase” and “extremely tight supply” in as little as two months.The current price of polymers, after a period of stable or falling prices last year and into early 2015, has suddenly turned sharply bringing substantial and unprecedented price increases in polyethylene.

“Some four to five weeks ago the signs were there that the end of falling prices had come, but then what surprised and dismayed many was the size of the price increases that have been imposed on converters in March combined with significant price rises already notified and to come in April,” explained Barry Turner, PAFA CEO.

If you would like to read more, please click here.