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Most Asian raw materials and commodities were on the rise in April with some exceptions in plastics, wood, paper, textiles, and ceramics. Steel saw sharp increases across the board including carbon and stainless grades. Rubber prices, except for latex, also saw dramatic surges. Aluminum, Zinc, Copper, and Nickel prices were also up, however, wood and paper remained flat.
General and engineering grade plastics were generally marked by a downward trend in pricing, while textiles and ceramics mainly remained flat except for slight increases in cotton and alumina. China imports and exports saw large gains last month and the China PPI and CPI were both up slightly. For further details, please check out the entire report that follows.
Most of Asia raw materials prices were up sharply in March including general plastics, rubber, carbon steel, stainless steel, aluminum, and other metals while only engineering grade plastics, wood, printing paper and ceramic raw materials (except alumina) were unchanged or moved down slightly in price.
Textiles fabrics showed the most significant downward movement. Freight & labor rates remained stable while energy prices continued to drop and the US Dollar weakened reversing its recent trend while all Asia Currencies strengthened slightly against the US Dollar in March. For more details check out the entire report that follows.Read More
To be successful buying in China there are some key best practices that are critical to drive good purchasing decisions. Five Best Practices For Buying In China explores five of the best practices for buying in China (plus a few bonus best practices!) and contains valuable insights into buying in the “world’s factory”.Read More