Tinplate packaging: many indications suggest falling upstream material prices as of 2024

Negotiations in Germany could be concluded much sooner this time

Already at the beginning of August – and thus unusually early in the year – the topic of prices is very present in the German market for tinplate packaging. Whereas price negotiations between producers of tinplate packaging and closures and their suppliers often start late in the year, this time the talks could well be concluded earlier. Some market participants would like to see the contracts for 2024 available by November if possible. For others, however, even this would be late. “We assume that the talks with the tinplate industry will be very concrete as early as September and that we will reach a conclusion as early as October, if possible,” a crown caps manufacturer told EUWID....

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