Tin Can prices closely mirrored those of its source materials, tin metal, and tin plates. Abundant in nature, tin’s availability makes supply less impactful, highlighting its demand-driven market. The production of tin cans, a resource-intensive process, also factored into market dynamics. Stable upstream costs resulted from reduced freight and energy expenses. In Asia, high beverage industry demands during the Lunar New Year led to an initial rise, followed by a Q1 decline and subsequent summer resurgence. In contrast, European prices dipped due to winter-related low demand and inflation’s production impact, with Q2 seeing improved trade and demand but persistently low prices due to high inventories.
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Definition
A tin can refers to a cylindrical container made from sheet metal, usually steel or aluminum, coated with a thin layer of tin to prevent corrosion. It is commonly used for packaging various products, such as food, beverages, and household goods. Tin cans are known for their durability, protection, and ease of storage.
Key Details About the Tin Can Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Tin Can in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Tin Can Price chart, including India Tin Can price, USA Tin Can price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Tin Can Price Trend:
Tin cans serve essential roles in diverse industries as versatile packaging solutions. Widely employed for preserving and distributing food, beverages, and consumer goods, they offer durability and protection against contamination and external factors. Their applications extend to cosmetics, chemicals, and other products, making them a fundamental choice for safe and efficient storage and transportation.
Key Players:
- Crown Holdings, Inc
- Zenith Tins Pvt. Ltd
- Kaira Can Company Limited
- Rolta Containers
- Nikita Containers Private Limited
- Hindustan Tin Works Ltd
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
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