National Flexible - Twigg´s Times
With a wealth of experience in the packaging industry at the most senior levels, Barry Twigg - National Flexible´s major shareholder and CEO – shares his thoughts and ideas about the latest trends.
Film Prices:- The Next Move Plus Plastic is Perfect!
As the holiday season draws to a close, many packaging buyers returning to their desks will be surprised to see that film prices continue their inertia. The surprise comes from the fact that the fall in sterling against both the Euro and the Dollar has not yet stimulated a rise in polymer or film prices. Granted, oil prices have fallen some 15% from their June high of around $50 but Sterling has fallen a similar amount since Brexit, suggesting that currently polymer supplier margins remain static.
Brexit, Film Prices and Self Audits
I think Brexit came as a surprise to most of us and it is for that reason few companies made preparations for the fallout from such a momentous decision.
Having admitted last month to being totally unprepared for the short term consequences to prices of film supplies, as time passes we are now able to take a more balanced view of the price trends which are developing.
NewsFlash – Film Prices & Brexit: How wrong can one person be?
It was only last week that I suggested that polymer and film availability across Europe, Turkey and the Middle East were at their most stable for some years. There were few signs of polymer plant “Outages” and as a consequence film manufacturers had no worries about polymer supplies and no pressure on prices.
RE: Brexit – An Open Letter
We have had a few enquiries regarding the possible effects of Brexit on National Flexible. Whilst this situation could present various problems to many commercial enterprises, there are only two areas where we feel a vote for Brexit could impact on National Flexible.
Film Prices – Drupa + More Plastic Demons
Are we at last beginning to see market forces assert themselves in the film supply chain?
Last week the headline price of a barrel of Brent Crude reached $52.15 P.B. meaning a doubling in price since January. Over recent years such a price move has been a signal for the major film polymer suppliers to increase their prices
Polymer Prices – plus ‘Polluter Pays’ plastic packaging
Why are pressure groups and ‘Personalities’ so much better at determining what the public thinks and influencing Government policy?
I am away on an extended break at the moment which gives me extra thinking time. For the last year or so I have noted the creeping disease of ‘demonising plastic’, particularly plastic packaging, and I make no apologies for re-visiting this subject, as eventually, unless we halt the trend toward constant criticism of plastic packaging, I believe the industry will suffer greatly.
Film prices are on the move again and Plastic Packaging is demonised again!
Film Price:- We suggested in January that film prices are likely to increase in the first ¼ of 2016 and unfortunately this forecast has been proved correct. Whilst the increases in Polypropylene prices have been relatively modest with just £50 per tonne in February and £75 per tonne in March. Increases in Polyethylene prices have been higher.
Brexit – Flexible Packaging – Winner or Loser
Whatever else is on our mind we are all going to be inundated with conflicting information on the Brexit question over the next 3-4 months. The EU has been described by one of the “Outers” as a corporatist statist institution essentially run by unelected functionaries in the European Commission and an unaccountable European Court in Luxembourg and that’s one of the better descriptions.
Prices – Profits and Procedures
It’s good to be back despite the differences in temperature between Cape Town and Bradford. Five weeks seemed a long time away until we had 2 days of freezing temperatures at home then it did not seem long enough.
First of all, thank you to those readers that E-mailed to ask when the next bulletin was due, my apologies for not explaining in more detail the reason for my absence. However, not much has changed on the film pricing front since December 2015 but you may like to consider the following figures and ask why?