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Feb 20, 2008

TOP STORIES
Iron ore price hike will impact steel prices
With Brazilian iron ore mining firm Vale agreeing to a 65% increase in iron ore prices with Japanese steelmakers, market experts say steel prices in Asia—and the U.S.--will see a major increase later this year. Read more>>

Oil prices close at $100 on concerns over refinery blast, supply
Oil futures prices closed at $100.01 per barrell on Tuesday on the New York Mercantile Exchange, as concerns about a closed refinery in Texas…Read more>>

Palm oil prices are setting a record in Malaysia
Palm oil futures in Malaysia, the global benchmark, rose to a record $1,135/metric ton (51.5¢/lb) this morning...
Read more>>

World steel production will rise almost 6%
World steel production is projected to increase 5.7% this year to 1.42 billion metric tons from a preliminary 1.344 billion metric tons last year…
Read more>>

Polysilicon prices going up
Some Asian manufacturers of polysilicon used to make semiconductors have raised 2008 contract prices to an average $95/kilogram...
Read more>> 

Merrill Lynch sees $1,000 gold by 2009
Merrill Lynch analysts Michael Jalonen and Jeffrey Schok have increased their gold price forecasts to an annual average of $1,000/troy ounce…
Read more>>


MORE PRICE + SUPPLY NEWS

Manganese ore price will jump 310%
With global supply tight, BHP Billiton has been able to boost manganese ore prices by 310%...
Read more>>

Japan’s steel firms are buying U.S. coal
Japanese steelmakers are buying coking coal from the U.S. because floods in Australia have halted mining and cut supplies.
Read more>>

NAND memory prices to fall as demand weakens
The global NAND flash memory market will grow 9% or less in 2008 because of order reductions and weakness in consumer spending, according to researcher iSuppli.
Read more>>

Toshiba to build two new fabs
Toshiba says it will build two new state-of-the-art fabs in Japan, including one for NAND flash memory.
Read more>>

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MONDAY MIDDAY BUSINESS REPORT 
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SPECIAL REPORTS
Purchasingdata.com Reports
>> Chemicals Flash Report 
>> Quarterly Energy Flash Report
>> Quarterly Transaction Price Forecast
>> Monthly Steel Flash Report
>> Monthly Cold-Rolled Sheet Report & Forecast 
For more price data and forecasts, visit www.purchasingdata.com.

PURCHASING'S 2007 SALARY SURVEY
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>> Compare the new report to the 2006 Salary Survey

BLACK BELT NEGOTIATORS
>> True stories of business collaboration
Purchasing’s smartest negotiators move from conflict to collaboration fast. Match your wits against these pros. Guess their strategy. Then, read what they really did.

Are you a black belt negotiator? Tell us about one of your negotiation successes, and we’ll print it so others can learn from your experience. Send it to pteague@reedbusiness.com

ON-DEMAND WEBCASTS
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MOST-READ ARTICLES:

Cut steel plate is heading for $900/ton

Wall Street sees huge 22.5% steel sheet price hikes in 2008

Polyethylene price increase is in doubt 

Read more articles from current issue.

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