The World Trade Category

Commodities Roundup: KORUS to be Revamped, E.U. Calls Section 232 ‘Bluff’

trade

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: LME Copper and Aluminum Fall, U.S. National Average Gas Price Hits 2018 High

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.

How Procurement Organizations Can Mitigate Risk, Manage Costs Amidst a Trade War

trade

It is still unclear whether the escalating rhetoric between the U.S. and China will become reality. Yet it is crystal clear that organizations face ever greater supply risk with each passing year and, as a result, potentially higher costs without having access to the right tools in place. How to assess those risks and costs?

Cocoa Prices Shoot Up Almost 40%

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

Chocolate is generally a hot topic, and with only a couple of months between Christmas, Valentine’s Day and Easter, homes across the U.S. are likely to have stockpiles. Since the start of 2018, the price of cocoa beans has been increasing rapidly and does not look like it will settle soon. Prices on the ICE NY US are up 39% since the start of 2018 and 25% year-over-year, close to those prices seen throughout 2015/2016

Commodities Roundup: DRC Rips Up 2002 Mining Charter, Neodymium Market Falling Short of Demand

mining

For the buyers and category managers out there, especially those 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: March in Review, U.S. Steel Imports Down and Copper Cools

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.

How the Argentine Drought is Affecting the Commodities Market

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

Over the past few months, Argentina has been hit by what could be its worst drought in 30 years. The effects of the extreme dry spell has reduced Argentina’s GDP by 0.5% compared with the previous year, where agriculture accounted for 7% of the country's GDP. Although this could have a large impact on Argentina’s economy generally, this isn’t the only concerning factor. The agricultural market in Argentina makes up around 25% of exports and accounts for 7% of all employment.

Commodities Roundup: Trump Takes Step Toward Heavy Chinese Tariffs, Countries Get Steel and Aluminum Tariff Exemptions

sustainability

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.

Product Quality Top Concern Among Europe’s Sourcing Professionals in Recent Survey

Global Risk Management Solutions (GRMS)

Concerns over product quality are top of mind for European companies that source abroad, according to Amber Road’s recently released 2018 E.U. Sourcing Survey Report. The complexity of international trade compliance is a close second. This insight comes from a survey Amber Road conducted of more than 150 respondents from companies based in the European Union. Sixty-four percent of the respondents represent companies that source from more than 10 countries, and 54% have at least 100 suppliers across their sourcing regions.

Commodities Roundup: How the Trump Tariffs Will Affect GOES, Nickel Price Momentum

trade

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 matters this week.

The Trade War

Chinese demand

Spend Matters welcomes this guest post from Michael Liberty, market analyst at Mintec.

While the U.S. and Russia have been imposing tariffs on each other since the annex of Crimea in 2014, the U.S. now finds itself bickering with one of its major partners, the E.U. While the U.S. is not directly trying to affect the E.U. market, the implications of it increasing tariffs on aluminium and steel imports will be felt worldwide.

3 Things to Consider After Trump Makes Tariffs Official: Jobs, NAFTA and Beer

Our sister site MetalMiner has had its most heart-stopping week and a half arguably since that site was founded, covering the Trump administration’s announcement and subsequent signing of a proclamation imposing broad-reaching steel and import tariffs. In the time since my colleague and MetalMiner editor Fouad Egbaria gave us a rundown on the market effects, reactions and procurement implications, President Trump’s announcement (which, until last Thursday, was “just that — an announcement — until the formal policy is hammered out and put to paper,” as Egbaria wrote), was finally, well, put to paper, in a way.