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HURRICANE HARVEY DISRUPTS OVER A THIRD OF U.S. CHEMICAL PRODUCTION

NEGOTIATOR’S TAKE: Hurricane Harvey has caused chemical and plastic prices to rise   |   08.28.17 – American Southwest – Recent mega-storm shuts 37% of U.S. chlorine output and 40% of ethylene; price gains have been urgently seen in already tight

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

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.,

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

CHINA LABOUR COSTS ONLY 4% BELOW U.S.

  NEGOTIATOR’S TAKE:  With China’s labor advantage almost gone, you might want to think about bringing manufacturing work back to the U.S.   03.01.16 – Only a 4% gap between costs A recent report estimates that China’s effective labor costs

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