Plastics News

MARCH 24, 2023

Regional PE demand also had been down because processors had built larger-than-normal inventories after the COVID-19 pandemic began, sources said. Strong seasonal demand for bottled water and other beverages played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges.

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Donlouco

APRIL 29, 2021

The trend actually started in 2018, lost momentum in 2019 due to economic downturn based on US import taxes etc and during 2020 saw poor demand but prices remained static due to reduced production. Fig 1: Source : Trading Economics. Increasing Sea Freight Costs. Fig 2: Source : Financial Times. CONTACT DONLOUCO Today.

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Freight Supply Chain Lead Time Sourcing 52

Fastener News Desk

JANUARY 8, 2023

Copper; Electrical Components (2); Electricity (2); Electronic Components (25); Freight*; Labor — Temporary (4); Semiconductors; and Zinc. “Price declines continue to be driven by relaxation in energy markets, steel, aluminum, chemicals, plastics, corrugate as well as lower freight costs. SOURCE Institute for Supply Management.

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Fastener News Desk

AUGUST 3, 2022

The data should be compared to all other economic data sources when used in decision-making. Beginning in February 2018 with January 2018 data, computation of the indexes is accomplished utilizing unrounded numbers. SOURCE Institute for Supply Management. Data and Method of Presentation. Contact: .

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Manufacturing Electronics Beverage Apparel 52

Foley

JULY 11, 2023

Companies that may be concerned about the viability or performance of a supplier should consider seeking licenses or other rights that would enable to obtain vital components from another source if the supplier does not meet its obligations. Coordinate with Customs Brokers & Freight Forwarders.

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Manufacturing Compliance Supply Chain Form 40