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The importance of managing water in your supply chain

No matter the place — California’s Central Valley, southern Nevada, the Colorado River, the Southern Plains — water is harder to find across much of the West. And, with energy demand and populations growing, once-unfathomable choices about water pricing and

Shale gas blasts open world energy market

Unconventional treasure: Shale gas is trapped deep inside rock formations. Shale gas is a new and abundant source of natural gas, trapped in rock formations. Oil companies have known about it for decades but always dismissed it because it was too

WHEN WAREHOUSING GOES GREEN

  A ProPurchaser GREENWATCH: More time spent on-site in the warehouse reduces a carbon footprint and helps the bottom line.     When considering the greening of any supply chain it is easy to ignore the impact of warehousing and distribution

NICKEL PRICES FALL TO NEAR 2009 LOWS

NEGOTIATOR’S TAKE: Great time to approach your Stainless Steel parts suppliers for a price decrease.   Nickel already halved its year-to-date value This week, prices fell below the $10,000 per metric ton, a physiological resistance level.  Prices are now approaching

Oil: Falling Down

Brent for January settlement declined $2.88 to $66.19 a barrel on the London-based ICE Futures Europe exchange, the lowest since Sept. 29, 2009. The volume of all futures was 4.9 percent below the 100-day average. WTI for January delivery dropped

Iron ore: rust in peace

“The party’s over for iron ore” declared an ANZ research team returning from a trip to China after discovering demand conditions that were more challenging than thought, while analysts at RBC Capital Markets slashed their price forecasts for this and

Potash war: what’s new?

Last July, Uralkali quit the cartel it was forming with Belaruskali, and which controlled around 40% of the world’s trade in potash, saying it would seek to maximize its own volumes. It warned that prices could fall as much as

Wheat under threat: US drought, Russia and El Nino

The wheat contract for July delivery rose as much as 1.2 percent to $6.825 a bushel on the Chicago Board of Trade, the biggest intraday increase since May 6, and was at $6.81 on Tuesday in Singapore. Prices rose less

How will El Niño impact commodities in 2014?

Forecasters from the United States to Australia are strengthening predictions for the arrival of an El Nino in 2014, and Goldman Sachs Group this week listed palm oil among the crops that could be hurt. The events, which affect weather

Banana production between bananapocalypse and bananageddon

The TR4 strain of Panama disease, a soil-born fungus that attacks plant roots, is deadly for the Cavendish banana that makes up about 95 per cent of supplies to importers, including North America and Europe, Fazil Dusunceli, an agriculture officer