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News & Press: Industry

Packaging Sector Faces Trial by Fire as Costs Creep Higher

Monday, August 6, 2018   (0 Comments)
Posted by: Alyce Ryan

The packaging sector faces its biggest challenge this earnings season, proving the market wrong, after underperforming other materials sectors so far this year.

 
 

Cost inflation, recent strength in the U.S. dollar and weaker volume have weighed on the packaging stocks this year, compared to other sectors. While the companies have attempted to pass along higher costs to their customers by raising their selling prices, investors have so far remained in a wait-and-see mode.

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