This year is proving to be very different for the container manufacturing industry and also very different to past recessionary periods which have affected the sector.rnDespite the sharp drop in container output, new equipment prices have not collapsed, as would have, undoubtedly, occurred under the same circumstances in past years.rnJust about every downturn to have previously hit container shipping activities has been characterised by a rapid drop in box prices as builders undercut their cost of production in order to stimulate demand and keep production lines open.rnAlthough this was done mainly out of desperation, and compromised the longer-term survival of some factories, it usually attracted some renewed business and so staved off complete factory shutdowns.
展开▼