RISI VIEWPOINT: China’s packaging markets have shifted into low gear
Beth Lis, Vice President, Asian Paper, RISI
Most analysts appreciate that tracking China's packaging markets is not easy due to their size, the large number of players and the lack of detailed, high-frequency data. It has become somewhat harder this year with Chinese Customs not publishing detailed trade data since March. Still, available data and market reports are pointing to a shift in the market, with demand weakening both for containerboard and boxboard. Our assessment is that growth has turned negative this year and is likely to remain dampened in the near term.
The reasons for this assessment are several. The first ...