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Supplier’s costs

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TRUST YOUR SUPPLIERS BUT NOT THEIR DATA: A ProPurchaser INSIGHT

   ProPurchaser INSIGHT: Trust your suppliers but not their data.   Trust vs. Data Of course you need to trust your suppliers: their products, delivery, quality and service.  Makes sense or why would you want to do business with them? 

CORN PRICES TUMBLE AS SUPPLY OUTLOOK IMPROVES

  NEGOTIATOR’S TAKE: Falling Corn prices will exert downward pressure on most of the food chain.   06.21.16 – Supply outlook improves in the U.S. and Brazil Corn futures in Chicago fell by the most in three years and prices

TOKYO RUBBER ENDS UP, AFTER HITTING 2.5 MONTH LOW

  NEGOTIATOR’S TAKE:  Rubber is down 20% over the last 4 weeks: time to renegotiate tires and other rubber-based products.   05.25.16 – Tokyo Benchmark Tokyo rubber futures ended higher on Friday, erasing earlier losses on the back of a

WELCOME CHEAP CHINESE STEEL, DUMP TARRIFS

  PROPURCHASER INSIGHT:  If you’re not happy with today’s Steel prices, you might want to read this article….nothing is simple. Read the full article HERE.   05.22.16 by Boston Globe Columnist Jeff Jacoby China produces more than 820 million tons

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

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

FERROUS SUPPLY CHAIN REELING AMID UNPRECEDENTED PRICE HIKES IN STEEL, IRON ORE

  NEGOTIATOR’S TAKE: The surge in Chinese steel prices is bound to put pressure on steel prices globally.   03.07.16 – Precipitous climb in prices The ferrous supply chain reeled March 7 amid a precipitous and unprecedented climb in steel

LOWER HRC STEEL PRICES AVAILABLE AS WEAKNESS PERSISTS (U.S.)

  NEGOTIATOR’S TAKE: Steel prices are still under pricing pressure.   February 2016 – Pittsburgh US hot-rolled coil prices remained under pressure earlier this month as buyers noted sub-$400/st spot availability from certain mills for larger volume buys. Platts maintained