scroll

Amcor shares

Advanced Search

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

Ask a question

The Latest Q&A

Question asked 14/03/2026

Amcor shares

Hi Guys, First of all, I want to say that I am enjoying being a subscriber and look forward to your emails each day. Are you aware of any problem with Amcor? I know that the market generally is very volatile at the moment, but Amcor seems to have declined even more. I would be grateful for your insights.

Answer

Hi Judy,

Thanks for the feedback, much appreciated.

This is a really good question, and one we have asked ourselves multiple time as Amcor (AMC) has had a tough few weeks, coinciding with the US–Israel strikes on Iran and the closure of the Strait of Hormuz. We see no company-specific issues – rather, AMC has been caught in the crossfire of $US100 oil, which pressures sentiment given plastics are petrochemical-based. Several US packaging peers have also weakened since the conflict escalated.

Amcor’s margins are most sensitive to plastic resin prices (linked to oil), energy costs and freight, though many contracts allow raw material costs to be passed through to customers with a lag.

When combined with a potential global economic slowdown the weakness in AMC is understandable, but we are looking for triggers to increase our exposure now the stock has punched below $60.

chart

Amcor PLC (AMC)

LAST UPDATED 13/03/2026 11:18

Latest Reports

Weekend report 14/03/2026

Weekend Q&A: The US-Iran War continues to take its toll on global markets

The ASX200 ended a choppy week down 2.6%, with the Middle East conflict weighing on equities. Energy was the only sector to finish higher, while rate-sensitive tech (-7%) and real estate (-5%) dragged on the index as surging oil prices reignited inflation fears. The influential materials sector also endured a tough week, retreating -4.7% as weakness in copper and gold stocks offset a bounce in iron ore names. However, the market's largest stock, BHP, weighed heavily on the index, falling 5.7% over the week as a Chinese ban on its iron ore caused increasing angst. The moves on Friday night in the US point to more of the same next week, with gold and copper stocks coming under renewed pressure.

Afternoon report 13/03/2026

The Match Out: ASX drifts lower, down 2.6% for the week

The dominant forces were geopolitical and monetary policy related. The escalating Iran conflict drove oil above $US101/barrel, stoking inflation concerns and cementing market expectations of an RBA rate hike at Tuesday's meeting - markets are pricing an 80% probability by close. That rate repricing drove a sharp rotation: banks were again the standout beneficiaries, with NAB leading at +1.5%, while gold miners came under significant pressure.