Aluminum can stock prices are lower in February in North America and Europe but were modestly higher in Asia.
Tinplate imports to the U.S. had been running at 600,000 MT's / year but have declined over the past several months because of tariffs.
Imports from the Netherlands and Germany have held up fairly well. We report import prices from all major exporters each month in Pack Trax.
Tinplate prices are stable in Asia as Baoshan has held prices stable. Indications are that Asian tinplate prices will move higher in March.
2019 Packaging Material Cost Forecast Highlights for Aluminum Can Stock and Tinplate
Aluminum can stock is being buffeted by exchange rates and stronger metal demand for primary aluminum in automotive and aerospace. Tariffs in the U.S. is also inflationary for tinplate and aluminum. U.S. domestic net prices for tinplate now are at parity to the average import price including tariffs from major producing countries such as Canada, Germany and the Netherlands.
Here is a sampling of information that other sources don't provide
Actual prices for annual contracts and spot tinplate rather than indices
Import Prices for major exporting nations
Projections for all major input costs updated quarterly
Extensive tracking of steel coil prices and accurate projections 12 months out
Import volumes by country
Import prices from each country
Example tinplate can cost breakdowns
Detailed cost improvement recommendations
Pricing for all geographies
Tinplate supply & demand
Metal can market data
Here is a sampling of the content we provide
Metal can market data
Primary aluminum supply and demand history and projections
Accurate primary and scrap aluminum projections
Accurate Forecasts for can stock prices
Metal Can Cost Models
Pack Trax metal can cost models are cost effective
software that is designed for packaging procurement
professionals. The metal can software is simple to useand allows you to select a variety of can types for both tinplate and aluminum cans.
Each cost driver can be optimized using recommendations from our extensive User Guide.
This places packaging procurement professionals in a position to lead supplier cost improvement with can suppliers.