The first major vision of the company’s portfolio of solutions include an entirely redesigned control center and cloud-based APIs.

Rising labor prices and demand for supply chain integration are among factors behind the growth.

Ardagh Metal Packaging and Crown Holdings finance AI and robotic technology for a California recycling facility with a 50% revenue share.

Eviosys is a leading global supplier of metal packaging, producing food cans and ends, aerosol cans, metal closures and promotional packaging to preserve the products of hundreds of consumer brands.  

A biofriendly new material made from barley starch blended with fiber from sugar-beet waste sees the light of day at the University of Copenhagen – a strong material that turns into compost should it end up in nature.

Designed with Inline Plastics’ Safe-T-Fresh® technology, each package features tamper evident and tamper resistant seals to keep all food safe and secure.

McIlhenny returned to R.A Jones to upgrade its production lines with four new Legacy CS-600 ultra high-speed Horizontal End Load Cartoners.

All cups, lids, containers and cutlery in the new Veridian™ line feature the word “Compostable,” display the BPI Certification Mark signifying that the material is compostable, and include green or brown identification elements like tinting and striping that further help distinguish them from their non-compostable counterparts. 

At Packaging Strategies, we stay on top of packaging innovations. However, it's also important to gain a broader perspective on specific industry segments.

The new containers, called Veda, feature proprietary tracking and collection technology created by OZZI®, a leading reusable systems and container brand.

Mars' use of this simulation technology has already reduced the quantity of plastics purchased by Mars for testing by approximately 246 tons.

The updated In-Shell packaging design showcases the Wonderful Pistachios brand logo more prominently, while the addition of a new “Protein Power” logo reinforces the health benefits of pistachios. 

We put together a list of our Top 10 Articles of 2022, through our analytics, by our online readers. We hope you enjoy a look back on subjects such as understanding hemp plastics, blister packaging vs. bottles for pharmaceutical products, how AI is changing the food industry, digital printing, the impact of packaging on supply chain performance, and more.

The FG1 Top Load Carton/Tray/Case Former is one of Serpa’s most versatile machines.

New offering benefits from the company’s deep understanding of recycled PET resin characteristics and their impact on bottle production.

The bottles have an on-pack call to action "Recycle Me Again" message and will also drive consumer awareness with "100% recycled PET bottle" displayed on the pack.

Marketing campaign depicts a cast of funny and typical beach characters with whom consumers have likely interacted, and asks, “And you, what beach type are you?”

The new campaign forms part of the wider #LEVELUPWITH7UP platform that has been rolled out across various regions worldwide – solidifying 7UP as a versatile plus-one to any gathering.

Company expects to avoid its use of new plastic by nearly 80 million pounds in 2024 – the equivalent of nearly 2 billion bottles.

Produce Packaging's new containers will be made with Waddington Europe's Eco Blend 100 material that consists entirely of a combination of post-consumer (PCR) and post-industrial (PIR) recycled PET (rPET).

New rackable pallet supports heavy loads, provides load stability and features unique design qualities to streamline operations.

Ideal for thin-gauge hand wrap applications, the new resin is designed to help provide high tenacity and consistent extrusion, as well as help enable the incorporation of high loading levels of post-consumer recycled (PCR) content.

Awards were presented in the categories of Design, Functionality & Convenience, Logistics & Material Flow, Sustainability, and more. The awards are a precursor to the Gold Awards that will be announced in September.

Manufactured through a process of Structural Foam Injection, the pallet boasts exceptional durability and reliability, making it an optimal choice for use within the industrial and automotive sectors.

A conveyor is the critical lifeline that keeps your production moving — just like the veins in your body. It is just as vital to know the system you’re purchasing will meet or exceed your requirements, that it is built for longevity and that it can withstand the environment of your operation — perhaps even saving an expensive retrofit afterward.

The stainless steel, wash down system is 5 ft long end-to-end.

Smithfield Foods, the world’s largest pork processor, announced that it is actively preparing for COVID-19 vaccine distribution to employees and has medical capabilities at its U.S. plants. Meatpacking workers were among the groups hit hardest by the new coronavirus last year.

A new study by Future Market Insights predicts the market to reach a valuation of $58.37 billion in 2021.

The plan includes four core strategies intended to create better earnings for groups involved in the meat and poultry supply chain.

By introducing the series, XSYS provides a unique and new approach to printing plates using renewable raw materials as part of the plate formulation. Furthermore, the plates can be processed 20% faster, leading to time and energy savings.

Samuel Chapman Armstrong was the founder of Hampton Normal and Agricultural Institute (later Hampton University). Armstrong's father served as the kingdom of Hawaii's minister of education and emphasized student labor as a key part of schooling. The younger Armstrong enlisted in the Union army during the American Civil War (1861–1865) and commanded regiments in the United States Colored Troops. After the war he worked with the Freedmen's Bureau and began planning a school to train black teachers. Hampton Normal and Agricultural Institute opened in 1868 and emphasized labor alongside academics. The institution produced African American educators across the South, most notably Booker T. Washington. In 1878 Hampton's mission expanded with the admission of Native American students. The growth intensified Armstrong dependence on benefactors and in turn left it further exposed to the rising racism among American whites. In his later years academics at Hampton were publicly de-emphasized in favor of its trade-school programs. Armstrong died of a stroke in 1893.
Fri, 30 Oct 2020 14:14:55 EST

In this letter, dated January 16, 1801, Alexander Hamilton writes to James Bayard, a Federalist member of the U. S. House of Representatives from Delaware. Hamilton conveys his satisfaction that Bayard has decided to support Burr in the Election of 1800. He goes on to offer his criticisms of both Aaron Burr and Thomas Jefferson and his worst fears were either man to become president.
Fri, 30 Oct 2020 16:09:37 EST

Elizabeth Key was a principal in one of the important early court cases that shaped the evolving law of slavery in seventeenth-century Virginia. Born to a mother of African descent and her white owner, Thomas Key, she was transferred to another owner in 1636 for a designated period of nine years. She remained in service for well beyond that period, marrying a white man in the meantime and converting to Christianity. Upon the death of a third owner, Key sued for her freedom, citing the 1636 agreement. She won in Northumberland County but the General Court overturned the ruling. Key appealed to the General Assembly, which found that the status of the father determined the status of the child, that her faith supported her freedom, and that she deserved to be free. The county court subsequently freed her with compensation. In 1662, perhaps a result of the case, the General Assembly passed a law making the status of a child dependent on the mother and not the father. The next year, the assembly passed another law specifying that an enslaved person's conversion to Christianity did not confer freedom on that person.
Wed, 16 Dec 2020 09:16:43 EST

People's Bank of China USD/CNY reference rate is due around 0115 GMT.

The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%.

How the process works:

• Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and international currency market fluctuations. The midpoint serves as a reference point for that day's trading.
• The trading band: The PBOC allows the yuan to move within a specified range around the midpoint. The trading band is set at +/- 2%, meaning the yuan could appreciate or depreciate by a maximum of 2% from the midpoint during a single trading day. This range is subject to change by the PBOC based on economic conditions and policy objectives.
• Intervention: If the yuan's value approaches the limit of the trading band or experiences excessive volatility, the PBOC may intervene in the foreign exchange market by buying or selling the yuan to stabilize its value. This helps maintain a controlled and gradual adjustment of the currency's value.

Earlier:

• ICYMI - PBOC Governor warned on yuan slide, will 'guard against risk of overshoot'

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.

• USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.
• CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.
• A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.

Previous close was 7.2150

The rate today at 7.1927 is weakest since September 12 of 2023.

PBOC injects 125bn yuan via 7-day RR, sets rate at 1.5%

• 18bn yuan mature today
• net injection is 107bn yuan

*-*-

/*/*

Heads up for a barrage of Fed speakers due Tuesday 12 November 2024:

10:00 AM ET / 1500 GMT

• Fed's Waller (Governor, Voter) speech (the topic is 'payments')

10:15 AM ET / 1515 GMT

• Fed's Barkin (Richmond Fed President, non-voter) speech

2:00 PM ET / 1900 GMT

• Fed's Kashkari (Minneapolis Fed President, non-voter)

5:00 PM ET / 2200 GMT

• Fed's Harker (Philadelphia Fed President, non-voter) speech

5:30 PM ET / 2230 GMT

• Fed's Barkin (Richmond Fed President, non-voter) speaks again

• One year inflation expectations 2.9% versus 3.0% last month. That is the lowest in four years
• Three-year inflation expectations 2.5% versus 2.7% last month
• Five-year inflation expectations 2.8% versus 2.9% last month

other details :

• Consumers in October saw lower likelihood of missing a minimum debt payment for the first time in five months
• Consumers in October saw lowest likelihood of a rising US unemployment rate over the next year since February 2022
• Consumers saw lower chance of losing current job and improved prospects for finding a new job if current job were lost
• Unemployment expectations decline to 34.5%, lowest since February 2022
• Probability of finding a job increase the highest level since October 2023

This is good news is inflation expectations help to keep a lid on actual inflation. Nevertheless yields remain near highs for the day.

• 2 year 4.321%, +6.7 basis points
• 5-year 4.281%, +8.9 basis points
• 10 year 4.390%, 8.2 basis points

US stocks are lower:

• Dow -0.38%
• S&P -0.33%
• NASDAQ -0.14%

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.

• USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.
• CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.
• A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.

Previous reference rate was 7.2355.

The setting at 7.1991, about 300-odd points lower than the modelled estimate is indicative of the PBoC pushing back against yuan weakness. AUD/USD has popped a little on the setting of a stronger than expected yuan.

PBOC injects 233bn yuan via 7-day RR, sets rate at 1.5%

• 17bn yuan mature today
• net injection is 216bn yuan

/*/*

There are just a couple to take note of, as highlighted in bold.

And they are for EUR/USD at the 1.0930 and 1.0950 levels. If anything else, the expiries should help to keep price action more locked in that range in the session ahead. All that before we get to US trading of course, where we could see volatility and market action pick up before the weekend.

There are also some modest ones for USD/CAD and AUD/USD. However, given prevailing spot levels, the expiries are unlikely to feature into play.

For more information on how to use this data, you may refer to this post here.

There are a couple to take note of on the day, as highlighted in bold.

The first one is for EUR/USD at the 1.0950 level. That sits near the 100-hour moving average at 1.0949 currently with the bigger picture focus being on the pair's 100-day moving average at 1.0935. Keeping below both is underscoring a more downside bias, so the expiries here adds an extra layer to that for the session ahead at least.

Then, there is a relatively large one for USD/JPY at the 149.00 level. If anything else, that could put a floor on price action at least until the expiries roll off later in the day. That especially with it being a partial US holiday to start the new week, providing little incentive for markets to go running.

For more information on how to use this data, you may refer to this post here.

There are some large ones on the board for today but may not feature into play given the current spot price levels.

The one for EUR/USD is seen at the 1.1000 mark but as the dollar holds firmer, it's not likely to factor into price action in the session ahead. There are also some large ones on the board for the pair in the days ahead, so we'll see if those will come into play.

Then, there is one for AUD/USD at the 0.6675 and 0.6775 levels. Recent price action for the pair is more of a consolidation around 0.6700 to 0.6750, so it might take a bit to break the mold in the session ahead. To the downside, there is additional support from the 100-day moving average at 0.6693 so that could limit any drop. And with the dollar keeping steadier, topside potential remains capped for now.

So, that's the state of play with regards to the larger expiries for the day.

For more information on how to use this data, you may refer to this post here.

There aren't any major expiries to take note of on the day. As such, trading sentiment might be a bit more muted in the session ahead. The dollar is keeping steadier across the board, so that continues to be the running theme since two weeks ago. There's no significant extension of that this week but there's no reversal signs either as of yet.

In terms of expiries, there is a large one for EUR/USD at the 1.0950 level but given the price action we're seeing, it isn't likely to feature into play. But just in case it does, do take note of it as that could limit any upside pullback in the session ahead at least.

That being said, the 100 and 200-hour moving averages at 1.0918 and 1.0947 respectively as well as the 100-day moving average at 1.0936 are more pertinent levels to watch out for in case buyers do try and make a play.

For more information on how to use this data, you may refer to this post here.

There is just one to take note of on the day, as highlighted in bold.

That being for AUD/USD at the 0.6700 level. When paired together with the technical predicament here, the expiries add another layer for buyers to have to chew through in the session ahead. As such, that might help to limit gains in European morning trade at least. That considering the dollar is also continuing to keep steadier throughout the week.

For more information on how to use this data, you may refer to this post here.

There is just one to take note of on the day, as highlighted in bold.

That being for EUR/USD at the 1.0850 level. It isn't one that ties too much with any key technical levels but the expiries could help to just keep a lid on price action for the session ahead. That considering there is little else to work with for the time being. But stronger resistance is seen closer to the 200-day moving average at 1.0871 and then the 100-hour moving average at 1.0880 currently.

For more information on how to use this data, you may refer to this post here.

There are a couple to take note of on the day, as highlighted in bold.

The first being for EUR/USD at the 1.0885 level. It isn't one that holds much technical significance, especially with the 100-hour moving average at 1.0866 pinning price action down for now. But it could play a role in limiting any upside extensions in the session ahead at least.

Then, there is one for USD/CAD at the 1.3800 level. That alongside the 100-hour moving average of 1.3788 could help to provide a floor for price action, at least for the session ahead for the pair.

All of this considering the lack of key catalysts to get major currencies moving to kick start the week of course.

For more information on how to use this data, you may refer to this post here.

There are just a couple to take note of, as highlighted in bold.

The first one is for EUR/USD at the 1.0850 level. It coincides with the 100-hour moving average currently, which is where price action was held up in trading yesterday. As such, the expiries alongside the key near-term level there should limit any upside extensions in the session ahead at least. Not to mention that there is a large one at the same level there for tomorrow.

Then, there is one for AUD/USD at the 0.6675 level. It isn't one that holds much technical significance so I wouldn't the expiries to provide too much of a draw. However, it could still anchor down price action during the session especially with the 100 and 200-hour moving averages seen at 0.6688-00 currently.

For more information on how to use this data, you may refer to this post here.

There are a couple to take note of on the day, as highlighted in bold.

The first being for EUR/USD at the 1.0850 level. The size of the expiries is noteworthy but it might not feature too much into play as the dollar is keeping firmer this week. Besides that, there is the 100-hour moving average at 1.0834 keeping a ceiling on price action for now. As such, that could limit the influence and impact of the expiries. But if we do see it come into play, expect that to be a spot in anchoring any upside extensions.

There will be more expiries towards the downside under 1.0800 in the day ahead, so there's that to consider as well.

Besides that, there is one for AUD/USD at the 0.6670 level. It isn't one that ties to any technical significance again, but it could just keep price action a little stickier with little else to work with in the session ahead. Near-term upside for the pair is more limited by the 100-hour moving average at 0.6689 currently.

For more information on how to use this data, you may refer to this post here.

There are quite a number on the board for the day, as highlighted in bold.

The first ones are for EUR/USD at the 1.0780 level through to 1.0800. That might keep price action locked in for a while until we get to the euro area PMI data later. If there is downside surprises to the data, we could even see the expiries at 1.0750 get looped into play. That might provide some base for price action if the data stirs up appetite for a 50 bps rate cut by the ECB for December.

Then, there is one for USD/JPY at the 152.00 level and that could provide a bit of a floor to any retracement in price action we're seeing on the day. That at least until the expiries roll off. But again, the bond market remains the more influential driver for the pair at this stage. So, keep that in mind.

There is also one for USD/CAD at the 1.3810 level, and that sits in between the key hourly moving averages at 1.3802-20 currently. As such, that might keep price action in check above the 1.3800 level after the BOC yesterday.

And lastly, there is one for AUD/USD at the 0.6640 level. I wouldn't attach too much technical significance to it though but it may yet just act as a bit of a magnet for price action before rolling off. That is if risk sentiment continues to stay more muted and pensive in general. The 200-day moving average at 0.6628 remains the more attractive level to watch for the pair currently, with upside potential more limited closer to the 100-hour moving average at 0.6676.

For more information on how to use this data, you may refer to this post here.

There are a couple to take note of on the day, as highlighted in bold.

The ones for EUR/USD are seen at the 1.0800 and 1.0820 levels. The ones at the former held price action yesterday before rolling off and the ones today should keep downside price action more limited in between the key levels. Looking at the near-term chart, we are seeing price hold in between the 100 and 200-hour moving averages of 1.0809 and 1.0838. So, that is also boxing things in going into the session ahead.

Then, there is one for USD/CAD at the 1.3855 level. It isn't one that holds any technical significance but may just anchor price action before we get to the Canadian retail sales data later in the day at least.

For more information on how to use this data, you may refer to this post here.

There is just one to really take note of on the day, as highlighted in bold.

That being for EUR/USD at the 1.0800 level. Alongside the 100-hour moving average nearby at 1.0802 currently, it is likely to keep a lid on price action in the session ahead. That especially with higher yields continuing to underpin the dollar in general to start the new week. But the range for the day is relatively narrow, so we might see some extension plays but arguably limited by the expiries above. If anything, the 200-hour moving average at 1.0827 will act as a "safety net" of sorts in limiting any outsized price extensions with little catalysts for the time being.

For more information on how to use this data, you may refer to this post here.