| TOP STORIES |
World aluminum prices remain inflated
World aluminum prices continue to be inflated by the high cost of electricity that has boosted smelting costs worldwide, but demand is soft and stocks now exceed a million metric tons (actually 1,029,275 on April 15).
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Tin prices are setting a record
Tin futures rose for a third day this morning to a record $9.66/lb on several exchanges as China and Indonesia, the world's largest producers, appear to be restricting supplies.
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Miners upgrade logistics infrastructure to meet demand
With demand and prices for commodities like coal and iron ore high in many global markets, mining firms are working to upgrade their rail infrastructure in an effort to get more material into the market. Read more>>
Stainless steel flat-roll hikes fail to stick
North American stainless sheet buyers appear to have forced producers to withdraw a 5% base price hike. Buyers tell Purchasing.com that purchases have been so soft that buyers are holding back on orders rather than accept higher prices. Read more>>
Nymex crude oil futures near $115/barrel
Crude oil prices hit record of $114.68/barrel in morning trading today as new government reports show crude and gasoline supplies fell more than expected last week. Read more>>
LCD monitor prices increase
There’s good and bad news with liquid crystal display (LCD) monitor prices for computers. The bad news is that prices have started to increase. Read more>>
Demand rises for image sensors
The worldwide image sensor market will increase by 10% in 2008 to a record high of nearly $7.6 billion up, from about $6.9 billion last year, according researcher IC Insights.
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Spot uranium prices have weakened
The spot-market price has slipped below $70/lb for uranium grade U3O8, according to price-reporting firms TradeTech (citing $69) and Ux Consulting (noting $68).
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Linerboard price discounting reported
East Coast paperboard buyers are reporting $30/ton discounting this month off the $555 list price for 42-lb linerboard. Read more>>
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MORE PRICE + SUPPLY NEWS
Nippon Steel introduces new beam into the U.S.
Nippon Steel of Japan is marketing a new type of wide-flange beam it is making available in the U.S. which it hopes will prove popular in the competitive North American steel-sections market. Read more>>
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5 Ways ERP can help you implement Lean
Getting in operational shape - becoming Lean - has been a primary goal of most manufacturing companies over the last few years. Why is Lean so popular? Because it delivers what manufacturing companies truly need in today's highly competitive world: shorter lead times, improved quality, reduced cost, increased profit, improved productivity and enhanced customer service.
Click here for more information.
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MONDAY MIDDAY BUSINESS REPORT
Watch the video in our new and improved player
>> Click here to watch the video
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.
Cessna supply management goes global
Supply base globalization brings many challenges. In this Leaders in Procurement videocast, Don Beverlin, Cessna’s VP of Supply Management discusses the leading aerospace company’s globalization challenges – from understanding cultural differences, to recruiting in-country talent, to managing legal and regulatory compliance; also, Cessna’s globalization success stories in Poland, Mexico and China.
Click here to view the video. |
COMMODITIES COUNCIL FORECAST PODCASTS
>> Click here to listen to all their views and their advice on what buyers should look for.
PURCHASING'S 2007 SALARY SURVEY
>> Click here for the results
>> 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
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