If your company will be requiring more ice bags or roll stock before the summer rush, now is the best time to purchase these products. We recently received confirmation of a poly resin increase from all three of our partner packaging manufacturers. A raw material increase of $0.05/ lb will go into effect in the next couple of weeks. There are also strong indicators that an additional price increase of $0.04/ lb will follow in February or March. A $0.05/ lb raw material increase translates to a packaging increase of approximately $1.50/ M for 7-lb products and about $2.00/ M for 10-lb products. This increase will have a significant impact on your company’s packaging cost, especially if combined with the predicted additional increase of $0.04/ lb.
Please take a serious look at your current packaging supply. If you anticipate needing more ice bags or roll film before summer, please contact us as soon as possible to secure the best pricing for industry proven products at the highest level of customer service.
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