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COPPER PRICES POST STEEP WEEKLY LOSS ON STRONGER GREENBACK

  NEGOTIATOR’S TAKE: Falling Copper costs means opportunities to negotiate lower prices for electric motors, wiring, and plumbing components.   05.13.16 – Copper loses 3.7% of its value COMEX Copper futures ended Friday’s session nearly unchanged at $2.074 per lb.,

CHINA COMMODITIES SELLOFF DEEPENS AS STEEL POSTS WORST WEEK SINCE 2009

  NEGOTIATOR’S TAKE: Sharp fall in Chinese metals likely means lower prices globally.   May 2016 – Shanghai – Commodity slide spills over into stocks Chinese commodities prices spiraled lower on Friday, with steel futures suffering their worst week since

IRON ORE PRICES HIT A 16-MONTH HIGH, STILL RISING

  NEGOTIATOR’S TAKE: China’s economic growth is once again pushing up metal prices.   If you had been asleep for the last month, woke up this morning and picked up a paper you could be forgiven for thinking you had

TOCOM HITS 8-MONTH HIGH

  NEGOTIATOR’S TAKE: Higher Rubber costs mean upward price pressure on tires, industrial hoses, etc.   04.12.16 – Tokyo Benchmark Tokyo rubber futures extended gains to hit an 8-month high on Tuesday as firmer prices of oil and other commodities

ZINC RISES AS STOCKPILES DROP THE MOST SINCE 2007

  NEGOTIATOR’S TAKE: As zinc rises, expect galvanized steel products to follow suit.   04.11.16 – Largest decline in 8 years Zinc rallied with other industrial metals as inventories in warehouses tracked by the London Metal Exchange declined the most

STEEL PRICES MOVE UP: COLD-ROLLED vs. HOT-ROLLED SPREAD INCREASES

  NEGOTIATOR’S TAKE: Cold-rolled Steel prices continue to move up – read why.   03.23.16 – Weaker U.S. dollar; higher oil prices Steel prices have been rising since February and, at the same time, we witnessed a broad recovery among industrial

CONTSTRUCTION MATERIAL PRICES CONTINUE FREE FALL IN FEBRUARY (2016)

  NEGOTIATOR’S TAKE: Construction costs are falling – good time to renegotiate un-awarded projects.   03.15.16 – Washington, .D.C Construction input prices fell for the eighth consecutive month during February 2016 according to an analysis of the Bureau of Labor

CHINA 2016 STEEL PRICES FALL TO 10%: STANDARD & POOR’S

  NEGOTIATOR’S TAKE: Chinese Steel prices are under downward pressure; this is likely to keep components sourced from China competitive.   03.15.16 – Singapore The average price for steel in China this year could drop 10 percent from 2015 on

U.S. SPOT ETHYLENE CLOSES AT HIGHEST SINCE AUGUST 2015

  NEGOTIATOR’S TAKE:  Ethylene rise will exert upwards pressure on Polyethylene prices.   March 2016 – Houston U.S. front-month spot ethylene closed the week ended Friday at its highest since August 2015 on tight supply.  Early in the week, spot

LUMBER PRICES JUMP AS TRUDEAU-OBAMA MEETING FUELS HOPES FOR TRADE PACT

  NEGOTIATOR’S TAKE:  With wood prices rising, now is probably a good time to renegotiate pallet and crating contracts.   03.11.16 – Lumber prices touch 8-month high after state visit Prime Minister Justin Trudeau raised expectations that the latest chapter in