Amcor sees no major raw materials cost rise this year

MELBOURNE, Feb 23 - Australian packaging group Amcor Ltd <AMC.AX> does not expect the cost of raw materials like paper, waste paper, resin or aluminium to increase much this year.

"Because we see lacklustre demand conditions, we don't expect raw materials prices to increase dramatically over the next six to 12 months," Chief Executive Ken MacKenzie told reporters after the group reported a 3 percent rise in first-half profit.