Manufacturing, consumer packaging, automotive and ship building
are key industries for Asia Pacific economies. They are also
sectors that rely on a variety of commodity materials to stay in
production. This means that making bulk commodity materials
purchases at the wrong time could impact production, budget,
revenue and margins.
It has been a tricky time for procurement teams, considering
uncertain economic conditions, supply chain disruptions from
COVID-19 and volatile commodity prices.
The surge in commodity prices over the past year guarantees a
rise in goods price inflation this summer but the important
question is whether this is temporary or a long-drawn out
scenario.
The monthly "Commodity Price Watch Asia" report, by S&P Global,
analyses the outlook for key commodities and presents
recommendations by of when to make purchasing decisions.
Usually available to clients only, the latest report based on
the outlook for April 2021 is now free to download.
Oil & Gas Markets
Brent, Dubai, Newcastle steam coal, gasoline, Naphtha
Chemicals and plastics
Ethylene, polyethylene (PE), Propylene, Polypropylene
(PP), PVC, Benzene
Steel commodities
Global steel, Iron ore, heavy melt steel scrap, met coal,
hot rolled coiled steel, cold-rolled coiled steel, galvanised
steel, plates, merchant bars, steel rebar, structural steel, steel
wire rod
Non-ferrous metals
Aluminium, Copper, Nickel, Zinc, copper
Commodity Price Watch Asia,
Global Pricing & Purchasing Service, IHS
Markit
Our Global Pricing & Purchasing Service helps procurement
professionals make strategic material purchases. We provide supply,
demand and pricing outlook for materials; tools and calculators for
analysing costs; and access to analysts. The Commodity Price Watch
monthly report is part of this service. It provides a global
outlook with regional reports available for North America, Europe
and Asia.
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