NEW YORK - Shares of packaging makers staged a broad-based rally Thursday as the price of natural gas, which both powers their plants and goes into making plastics, continued to fall.
In afternoon trading on the New York Mercantile Exchange, natural gas was down 82.6 cents at $10.572 per 1,000 cubic feet. It has tumbled more than 20 percent since its peak before the Fourth of July.
AbitibiBowater Inc. rose 64 cents, or 8.4 percent, to $8.25, Ball Corp. gained $2.42, or 5.3 percent, to $48.27, Crown Holdings Inc. climbed $1.70, or 6.2 percent, to $29, Louisiana-Pacific Corp. increased 52 cents, or 6.2 percent, to $8.98 and Smurfit-Stone Container Corp. was up 41 cents, or 9.3 percent, to $4.81.
Even shares of Sunoco Products Co., which fell early in the session on a weak third-quarter outlook, were up 9 cents to $30.93.

At first I was going to post this story from the UK Telegraph as an interesting piece... food for thought if you will... with the tag that this t...


Online distributor for point of sale equipment, TYSSO and Pegasus.