Closures

As expected, the tinplate industry started 2024 with lower prices. Many of the suppliers of cans and closures surveyed by EUWID had also already reduced their prices accordingly....

At the beginning of November, the price negotiations between the manufacturers of packaging and closures and their tinplate suppliers had not reached the point that had been hoped for in the last EUWID survey in August. Back then, the industry had still been expecting to have the contracts with suppliers for 2024...

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...

Slumps for food cans and chemical-technical containers / shorter lead times for crown caps...

Contrary to the trend that had become apparent at the end of last year, tinplate prices did not increase as of January 1, 2023. As reported by manufacturers of tinplate packaging and closures to EUWID at the beginning of March, the quotations for the upstream material were maintained in most cases. In some cases, there...

Packaging producers are determined to raise their prices from next year on...

No clear trend discernible in the development of tinplate prices for 2023...

The supply situation in the tinplate packaging market largely eased in the first half of this year. The can and closure producers surveyed by EUWID unanimously reported that the volumes fixed with the tinplate industry for the whole of 2022 would be sustained without any problems. There reportedly was no need for...

Supply of the upstream product has eased a little in the first quarter...

There is "no alternative“ for passing on prices as of January 1, according to can and closure manufacturers...