Industry News
Industry updates and frequently asked questions
- Shanghai Processing and Packaging Joint Exhibition Launches the '60-Day Online Preview' Online Exhibition - Connect Online, Seize Business Opportunities2020-03-26Industry News
To create an innovative exhibition model with deep online-offline integration, the Shanghai International Food Processing and Packaging Machinery Joint Exhibition continues to advance deep integration with the internet and promote the digital, networked and intelligent development of physical exhibitions. The '60-Day Online Preview' on the organizer's B2B website 'Food Processing and Packaging Online' officially launched on April 20, 2020. As an online digital exhibition product tailored to the processing and packaging industry, this
- March 25 Plastics Market Forecast2020-03-25Industry News
As the boost from the US's expected $2 trillion economic relief plan alleviated some, but not all, concerns about the sharp drop in demand caused by the coronavirus pandemic, international crude oil futures closed higher on Tuesday, rising for a second consecutive trading day but retreating from intraday highs. The May WTI crude oil futures contract closed up $0.65, or 2.8%, settling at $24.01 per barrel. May Brent crude oil futures rose $0.12, a gain of 0.4
- March 24 Plastics Market Forecast2020-03-24Industry News
As countries around the world introduced travel restriction measures to curb the spread of the novel coronavirus pandemic, which dealt a heavy blow to fuel demand, US crude oil futures rose on Monday, while US gasoline plunged more than 30% to a record low. The May WTI US crude oil futures contract closed up $0.73, or 3.22%, settling at $23.36 per barrel. May Brent crude oil futures rose $0.05, or 0.26%, settling at $27.03 per barrel. Yesterday
- Overseas Pandemic Drags Down Packaging Paper Industry Demand; Waste Paper Prices Weaken2020-03-24Industry News
As upstream waste paper recycling recovered rapidly, domestic waste paper prices fell by 200-400 [yuan] from the previous high. With the impact of the overseas pandemic on demand and weakened cost support combined, packaging paper prices also declined by about 200-300 [yuan] per ton compared with last week. Looking at the full year, we believe that while the spread of the overseas pandemic drags down packaging paper demand, it may push up the import cost of foreign waste paper (difficulty in collecting foreign waste + sharply higher freight), weakening the cost advantage of leading players; while the cultural paper sector, relying on better
- 2021 The 16th Hong Kong International Printing and Packaging Fair2020-03-19Industry News
: March 17 to 31, 2021 (in conjunction with promotion via the TDC [Trade Development Council], concluding with the physical fair at the end of July). Physical fair dates and venue: July 26 to 29, 2021, Hong Kong Convention and Exhibition Centre. 'International Sourcing Show'. www.hkprintpackfair.com. CIEC Exhibition Company (HK) Limited, Hong Kong Trade Development Council. Concurrent exhibitions: Hong Kong International Gifts and Premium Fair, Hong Kong Baby Products Fair,
- 2020 South China International Corrugated Exhibition / 2020 China International Folding Carton Exhibition2020-03-19Industry News
July 22, 2020 - July 24, 2020. Dongguan, Guangdong Province. Modern International Exhibition Center. The 2020 South China International Corrugated Exhibition is hosted by Reed Exhibitions Group; with a 16-year history, it is an Asia-Pacific professional exhibition of corrugated equipment, consumables and technology, and also an annual event of great influence in the corrugated packaging industry at home and abroad. The 2020 exhibition radiates across all of Asia, focusing on Southeast Asia, South Asia and the Middle East along the 'Belt and Road' economic belt,
- One-Time Price Cut of 650 Yuan: Cumulative Drop in Packaging Paper Reaches Nearly 1,000 Yuan/Ton2020-03-18Industry News
1. First major price cut of base paper in 2020: a one-time reduction of 650 yuan/ton. According to incomplete statistics, there were nearly 30 paper mills that cut prices on March 16 alone. Among them, corrugated paper was the most common paper grade adjusted. Paper mills with the largest declines were led by Shandong Province, with one-time cuts generally ranging from 400 to 650 yuan/ton. As for the Dongguan paper mills that had been leading the declines, the reductions on the 16th were generally 100 yuan/ton. The reason why East China and South China saw [declines] within a single day
- March 16 Plastics Market Forecast2020-03-16Industry News
International oil prices rose on Friday as the US and other countries said they would introduce plans to support the weak economy, but still recorded their worst weekly performance since the 2008 global financial crisis, hit by the novel coronavirus pandemic and by plans by major exporter Saudi Arabia and its allies to inject a record level of oil supply into the market. The April WTI crude oil futures contract rose $0.23, or 0.73%, settling at $31.73 per barrel. May Brent crude oil rose 0.
- Major Development Trends in the Pharmaceutical Packaging Industry: Intelligent Upgrading and Consolidation2020-03-13Industry NewsSource: China Packaging Network
Although pharmaceutical packaging may appear simple, it is closely tied to drug quality and safety. It can protect drugs from environmental influences during storage and use, maintain the original properties of the drugs, and also provides moisture-proof functions to safeguard drug quality and safety. Therefore, from parameters such as humidity and cleanliness in the pharmaceutical packaging production process down to the electronic supervision code on the packaging, every single link places high demands on pharmaceutical packaging manufacturers. In recent years, as public consumption
- March 12 Plastics Market Forecast2020-03-12Industry News
As stock market declines widened after the World Health Organization (WHO) said the novel coronavirus outbreak had become a global pandemic, and as plans announced by major oil producers escalated the just-started price war, international oil prices fell 4% on Wednesday, with the decline accelerating before the close. The April WTI crude oil futures contract closed down $1.38, or 4.02%, settling at $32.98 per barrel. May Brent crude oil futures fell $1.43, or 3.84%, settling
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