ASIA MANUFACTURING COST DRIVERS REPORT

 

 

The supply management professionals at Source developed and publish quarterly a report of the main cost drivers that impact manufacturing in Asia.  This valuable data allows supply managers to track the commodity, labor, currency, and other trends, whether up or down, to make informed decisions about products in their Asia supply chains.

Asia Manufacturing Stalled in Q3, 2021

Asia Manufacturing Stalled in Q3, 2021

Factory output in Asia slowed in the third quarter as manufacturers battled COVID spikes, material supply constraints, and energy shortages. Raw materials continued their upward trends for the most part and transportation backlogs compounded the global supply chain problems.Unfortunately, the outlook for Q4 does not have many promising signs for quick relief and a continuation or worsening of prices is likely as we move into the holiday season.

Asia Manufacturing Costs Higher in Q2 – 2021

Asia Manufacturing Costs Higher in Q2 – 2021

Factory activity in Asia expanded at a very fast pace in the second quarter on solid demand. Sharp rises in raw material costs and strains in supply chains meanwhile hampered output and the spread of new COVID variants (especially in India) fueled further negative impact on productivity and supply chains. These factors coupled with logistics issues at Asian and US ports and surges in transportation costs are further complicating the situation and driving higher prices.

ASIAN MANUFACTURING COST REPORT Q4– 2019

ASIAN MANUFACTURING COST REPORT Q4– 2019

Executive Summary Asian manufacturing commodity price trends in the fourth quarter were again mixed. Many grades of Plastics, Steel and Ceramics were mostly down in price. While some grades of Rubber, Alum, Paper, Textiles and Fuel prices were all up. Labor rates were...

ASIA MANUFACTURING COST DRIVERS REPORT Q4

ASIA MANUFACTURING COST DRIVERS REPORT Q4

Executive SummaryThe commodity price trends in the fourth quarter are mostly down in Asia. Many grades of Plastics, Rubber, Steel, Alum, Metals, Paper, Textiles raw materials and Fuel prices were mostly down in price while some grades of Wood, Freight went up in...

ASIA MANUFACTURING COST DRIVERS REPORT Q3

ASIA MANUFACTURING COST DRIVERS REPORT Q3

The commodity price trends in the third quarter in Asia are mostly up. Many grades of Plastics, Rubber, Steel, Alum, Wood and Paper raw materials rose in price while some grades of Metals, Textiles and Ceramics went down in price. Petroleum and fuel prices were up in this quarter and labor rates were steady in the lower wage countries. The US Dollar rose moderately against most of the Asian currencies in Q3. China imports and exports saw up in the quarter. The China PPI was down slightly while the China CPI was up slightly. The PMI USA and Hong Kong indexes saw a slightly improvement in Q3 while PMI China saw a little marginally down. Below is a chart of the general trends and for all the details, please see the entire report.

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