The Commodities Category

Commodities Roundup: Chinese Steel Production Hits Record High, Section 232 Auto Hearings Begin

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Thomas CEO Tony Uphoff on Sourcing Alternatives to Plastic Drinking Straws, Regulations and Consumer Sentiment

The year 2018 seems to be the beginning of the end of the plastic straw, and sourcing data from Thomasnet.com indicate that procurement professionals are scrambling to identify alternatives. One of the top marine polluters, plastic straws have been banned in various countries, cities and royal estates around the world, including Scotland, Taiwan, Vancouver and Buckingham Palace. Data from supplier discovery platform Thomasnet.com shows that sourcing activity for drinking straws and paper bags has increased significantly compared with the historical average. Spend Matters recently spoke with Tony Uphoff, president and chief executive at Thomas, to learn more about the industries behind this spike, the roles played by regulations and consumer sentiment, and those iconic red-and-yellow straws.

Commodities Roundup: Base Metals Hit a Downtrend, The Future of Iron Ore

direct materials procurement

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Largest U.S. Cheese Stockpile for 100 Years Weighs Down on Prices

Spend Matters welcomes this guest post from George Duke, analyst at Mintec.

The U.S. is once again experiencing an oversupply of dairy. Cheddar barrel prices are currently at their lowest levels since 2010, with 1.39 billion pounds of cheese stored in U.S. warehouses weighing down on prices. The current stockpile of cheese is the largest since records began in 1917.

Commodities Roundup: Zinc and Copper Prices Plunge, the Specter of Automotive Tariffs and Thyssenkrupp Tata Steel

Nissan

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scoured the landscape for what mattered this week.

2018 Trade Mania Roundup: Who Wins, Who Loses and Who Should Cut the Cheese

sustainability

Without a doubt, global trade in 2018 has seen the most fireworks since, arguably, the Great Recession — or even before. As much else in the world has for the last year and a half, the story begins with U.S. President Donald J. Trump and his administration’s actions on the trade front, namely how it has chosen to review the country’s approach with its existing trade partners. The search term “trade war” has likely seen thousand-percent spikes in the first half of this year compared with past years, going by the key events of 2018.

Canadian Tariffs: Ketchup Iffy, Bourbon and Whiskey Kinda Risky

amazon

In what is starting to look like a high stakes game show, Canada hit its trade war button Sunday, imposing 10% tariffs on a wide range of U.S. staples. Run through your grocery list of most things Kraft Heinz, add in a nice array of other foodstuffs found on adjacent aisles and, well, if events play out as usual, the affected companies will take disproportionate advantage of this latest opportunity to raise prices.

The Impact of Steel Tariffs on U.S. Jobs and the Squeeze on the Pockets of Consumers

trade

Spend Matters welcomes this guest contribution from Prince Fiifi Yawson, analyst at Mintec.

In June 2015, President Donald Trump announced in his candidacy for president, “We need a leader that can bring back our jobs, can bring back our manufacturing.” Fast-forward to June 2018 and the U.S. economic growth rate has risen, bringing the unemployment rate down to 3.8%, its lowest level in 18 years. It goes without saying that Trump has brought back some jobs, but is this a continuing trend?

Commodities Roundup: U.S. Smelter Restarts, Copper Prices Plunge

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Commodities Roundup: Chinese Aluminum Exports, Copper Balance and Section 232 Steel Tariff Exclusions Granted

aluminum

From price movements to policy decisions, we scour the landscape for what matters. For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets this week.

Fragile Antibiotic Supply Chains Are Leading to Frequent Shortages, Worsening Antimicrobial Resistance

locum tenens

Antibiotic supply chains are fragile and at risk of collapsing, warns a new white paper from the Amsterdam-based Access to Medicine Foundation. Shortages of specific antibiotics are causing price hikes, delayed treatment and the prescription of lower doses or alternative antibiotics — which worsens the growing threat of antimicrobial resistance. Similar to the situation that the U.S. Department of Defense is in with its munitions procurement, the primary culprit in the instability of antibiotic supply chains lies in a shortage of producers.

Commodities Roundup: Base Metals Prices Rise in May, Rio Tinto-Minmetals Joint Venture

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, we scour the landscape for what matters. This week, we discuss rising base metals prices, the Rio Tinto - Minmetals joint venture and more.