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586 Packaging chart PRN quarters 2013

MARKETS - Packaging: 30 November 2013

As the dark nights of winter close in, the release of the Q3 supply figures provided some comfort with plastic reporting excellent growth and creating a surplus supply for the first time this year. Glass again underwhelmed with figures which if viewed in the context of the quarter looked very promising but compared against in year demand still look some way off.  All other materials look very comfortable with prices across all markets softening to reflect the position.