The Price Forecast Category

Commodities Roundup: LME Nickel, Auto Sales Down in China and Oil Price Sliding

Chinese demand

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: Surcharges fall on LME nickel and stainless steel, auto sales stall in China and oil prices drop after a peak in September.

Commodities Roundup: Global Steel Production, M&A Activity and an Alunorte Update

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: Steel production rising, M&A activity, a Spitfire for your wrist.

Amazon Business Prime Updated: Analysis and Procurement Recommendations (October 2018 Update) [PRO]

AnyData Solutions

Earlier today, Amazon announced a host of enhancements to its Amazon Business Prime offering. To help procurement organizations understand the implications of these added capabilities, this Spend Matters PRO research brief provides an overview and analysis of the new solution components and offers recommendations to procurement organizations already using or considering Amazon Business.

The emphasis of this PRO analysis centers on the spend visibility/analytics, e-procurement (guided buying) and working capital/payment capabilities of the October 2018 Amazon Business release. While some of these areas are likely to be less interesting for organizations that already use a third-party e-procurement solution that integrates with Amazon Business (either via punch-out or API), Amazon’s enhanced invoicing, working capital and payment components can be applied to all potential users.

But perhaps most important, these enhancement offer some signals of how Amazon may continue to build out the capabilities of its Prime business solution. Let’s delve in.

Commodities Roundup: Steel Plant Tragedy, Liberty House Looks to Buy and Iron Ore’s Resilience

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 about particular commodity markets. From price movements to policy decisions, we scour the landscape for what matters this week.

Commodities Roundup: Mining in Goa, Aluminum Price Volatile, and Copper’s Recovery

conflict mineral

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 about particular commodity markets. From price movements to policy decisions, we scour the landscape for what matters this week.

Bearish Outlook for Almond Market Despite Recent Jump in Prices

Spend Matters welcomes this guest post from Jara Zicha, market analyst at Mintec.

A lot has been written about this year’s bumper almond crop in California, as well as on tariffs major global importers have stamped on the U.S. product. But despite all of the talk of prices heading down, we have actually seen prices rising lately, by 5% since mid-July. Will this trend last? Let’s look at the current market dynamics.

Prices Move South for Brazilian Soft Commodities on Oversupply and a Weak Real

sugar

Spend Matters welcomes this guest post from Corrina Hutchings, senior market analyst at Mintec.

During the Rio Olympics 2016, we wrote an article on Brazil and the country’s major commodities, predominately sugar and coffee. Differences between the market place back then and in recent months are notable, to say the least.

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: 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.

Another Unexpected Turn of Events for Cotton

Spend Matters welcomes this guest post from Verity Michie, market analyst at Mintec.

The U.S. cotton crop has been the root of much surprise throughout the current 2017-18 season, with prices rising over 35% in the past eight months. We covered the first increase at the beginning of the year, where prices unexpectedly shot up, following a rise in demand. We concluded that prices may stay at high levels; however, in mid-May, there was another unexpected acceleration.

Challenging Dried Fruit and Nut Markets Due to Currency Fluctuations

Spend Matters welcomes this guest post from Jara Zicha, senior market analyst at Mintec.

Argentina and Turkey are major global players when it comes to the dried fruit and nut markets. Recently, however, both countries saw a sharp devaluation in the value of their respective currencies. The Argentinian peso plummeted 17% over the course of a month, between April 24 and May 24, 2018, and is currently down 35% year-over-year.

Crop Update for the 2018–2019 Season

GMO

Spend Matters welcomes this guest post from Verity Michie, market analyst at Mintec.

Last week the U.S. Department of Agriculture released the new agricultural crop fundamentals for the upcoming 2018–2019 season, and there have been some surprising results. At the end of April, there was news that shook the commodities markets following adverse cold and wet weather conditions in the U.S. throughout the first five months of 2018. Reports said that less than half of the 2018–2019 season spring crops had been planted compared to the average size of plantings for the past five years. Now that we have the official USDA figures, let’s see the influence that the weather has had on the upcoming season.