A container manufacturer in Belgium was offered €40-50/ton increases for December. “Our West European suppliers could apply further hikes in January but oil costs are really low nowadays and demand is cooling off ahead of Christmas holidays,” the buyer argued, adding that they are facing lower margins on their end product sales. A converter in Italy agreed, “We paid €40/ton hikes for our regular needs this month. The outlook is unclear for January as lower oil costs could restrain any hike attempts.”