February / March Raw Material Update
We have prepared a preliminary impact analysis of new U.S. tariffs on aluminum and tinplate. Please contact us for more information and detailed analysis;.
Aluminum can stock prices declined in Europe and Asia in February but were stable in North America.
Tinpate annual contract prices were higher by up to 3.8% higher in North America depending on the situation. Tinplate spot prices moved higher in North America and Europe on higher steel coil prices. Prices were stable in Asia as Baoshan, the market leader in China held prices firm for February and March.
2018 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.
Tinplate prices in North America and Asia are increasingly being influenced by imports. Our Forecast projects steel coil prices over the next 18 months as the primary driver of tinplate prices through 2018.
Here is a sampling of information that other sources don't provide
Actual prices for annual contracts and spot tinplate rather than indices
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.