New European Duties on Chinese Fused Alumina Increase Abrasive Sourcing Costs
Sourcing teams must secure volumes under the new tariff quota before the definitive eighty-nine percent duties apply.
Chemical Producers Hike September Intermediate Prices Forcing Higher Resins Budgets
September chemical price hikes across resins, coatings, and polymers will immediately elevate finished material costs.
Japan Steel Duties Force Re-Routing of Stainless Sourcing from China
New duties of up to 45 percent on cold-rolled stainless steel from China and Taiwan will elevate costs for Japanese buyers.
Lithium Carbonate Benchmark Prices Drop to Three Year Lows
China lithium carbonate prices fell to multi-year lows, creating savings for buyers of industrial storage and batteries.
Eastman Polymer Price Hikes Raise Sourcing Budgets for Plastics Buyers
Plastics buyers must absorb a 30 cent per kilogram Eastman hike or pivot to recycled grades with lower surcharges.
STMicroelectronics Price Increase Lifts Procurement Costs for Automotive and Industrial Chips
STMicroelectronics lifts prices on August 23, raising automotive MCU costs by up to 20 percent.