Chemicals Industry Business Intelligence

By Purchasing Staff -- Purchasing, 4/30/2009 2:00:00 AM

70%

Chemical buyers who say business is either up or flat

Source: www.purchasingdata.com

WHAT IT MEANS: The business conditions index for chemicals firms took a big jump this month and is very close to breaking the all-important 50 mark, which signifies overall growth.

53%

Chemical buyers that reported price decreases

Source: www.purchasingdata.com

WHAT IT MEANS: Business may be picking up and prices are still down. Don't expect this to last long. Buyers are getting the bargains while they can.

42.6

Buying plans index reading for organic chemicals

Source: www.purchasingdata.com

WHAT IT MEANS: Another reading that has trended up in recent weeks, indicating demand is very close to growth. Inorganic chemicals demand is a bit lower, at 38.

Average Rating:

(0)

Rate this:

Talkback

We would love your feedback!

Featured Company

Lombardi

Lombardi is a leader in business process management (BPM). We offer award-winning BPM technology and services to help our customers, partners and government agencies around the world succeed with their process improvement initiatives. Our products... more
LeanLogistics

LeanLogistics, Inc. is the global leader for innovative transportation solutions. Leveraging one of the industry's largest transportation networks, we combine technology and services to tailor transportation solutions to the needs of our customers... more
Coupa Software, Inc.

Coupa.com helps small and medium-sized businesses control costs and improve purchasing efficiencies with an easy-to-use, web-based purchasing system that automates the entire procure-to-pay process, from requisitions, approvals, RFQs and purchase... more
PartMiner WorldWide

PartMiner WorldWide is uniquely positioned to provide an objective, global perspective of the electronic components marketplace. We maintain vast amounts of technical information and gather transactional market intelligence throughout the world... more
Maxon Furniture Inc.

Maxon Furniture Inc. is a premier manufacturer of office cubicles and systems furniture, and provider of innovative office planning tools. We offer a full range of quality, easy-to-install and reconfigure workstation cubicles, freestanding desks... more