Procuring commodity materials in uncertain
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Register to download Commodity Price Watch Asia, April 2021
Manufacturing, consumer packaging, automotive and ship building
are key industries for Asia Pacific economies. They are also
sectors that rely on a variety of commodity materials to stay in
production. This means that making bulk commodity materials
purchases at the wrong time could impact production, budget,
revenue and margins.
It has been a tricky time for procurement teams, considering
uncertain economic conditions, supply chain disruptions from
COVID-19 and volatile commodity prices.
The surge in commodity prices over the past year guarantees a
rise in goods price inflation this summer but the important
question is whether this is temporary or a long-drawn out
The monthly "Commodity Price Watch Asia" report, by IHS Markit,
analyses the outlook for key commodities and presents
recommendations by of when to make purchasing decisions.
Usually available to clients only, the latest report based on
the outlook for April 2021 is now free to download.
Commodity Price Watch Asia,
Global Pricing & Purchasing Service, IHS
Our Global Pricing & Purchasing Service helps procurement
professionals make strategic material purchases. We provide supply,
demand and pricing outlook for materials; tools and calculators for
analysing costs; and access to analysts. The Commodity Price Watch
monthly report is part of this service. It provides a global
outlook with regional reports available for North America, Europe