Plastic packaging firms to see softer demand

TheStar Mon, Mar 20, 2023 12:00am - 1 year View Original


PETALING JAYA: The demand for plastic packaging will likely be weaker this year, weighed down by the anticipated slowdown in the global economy.

Nevertheless, plastic packaging players will likely see some relief, as sustainable margins and easing cost pressures could help their bottom lines.

Given the muted outlook, Kenanga Research reiterated its “neutral” view on the sector.

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