Business Intelligence
By Staff -- Purchasing, 5/3/2007
21%Buyers reporting price increases for injection-molded plastics in April
Source: www.purchasingdata.com
WHAT IT MEANS: That's down from 24% last month. The vast majority of buyers (75%) see prices staying flat. But plastics buyers take note: the Energy Department says natural gas prices are expected to rise slowly in coming months, which could hit plastics prices.
$50BRumored bid price for takeover of Dow Chemical
Source: The Sunday Express (U.K.)
WHAT IT MEANS: Dow fired two of its top execs for having unauthorized discussions about the possible sale of the company and confirmed it is not for sale. A private equity firm was reportedly gathering funds for a bid.
47%Buyers reporting increased tags for organic chemicals
Source: www.purchasingdata.com
WHAT IT MEANS: The organic chemicals price index has ticked up in 2007 and 36% of buyers polled expect prices to continue up.
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