Market Watch For December 2008: Material Demand

Caustic soda gets even more expensive, while natural gas and diesel fuel continue to fall.

The group of commodities clocking in lower prices expanded once again in December, according to the latest ISM Manufacturing Report on Business (ROB) released on Jan. 2. In fact, prices fell on 26 commodities during the holiday season, contrasted only by the continued rise of caustic soda, along with fluctuations in steel, copper and aluminum.

Commodities Up In Price

Aluminum*
Caustic Soda (10)
Copper* (3)
Steel*

Commodities Down In Price

Aluminum* (3)
Aluminum Based Products (2)
Beef
Chemicals
Copper* (5)
Corn
Corn Products
Diesel Fuel (5)
Fuel Surcharges
Gasoline (2)
High Density Polyethylene
Natural Gas (5)
Nickel (3)
Oil
Plastics
Plastic Resin
Polyethylene (2)
Polypropylene (3)
PVC
Resin Based Products (2)
Scrap Metal
Scrap Steel (2)
Stainless Steel (3)
Stainless Steel Products
Steel* (4)
Sulfuric Acid (2)

Commodities In Short Supply
No commodities reported in short supply.

Note: The number of consecutive months the commodity is listed is indicated after each item.

*Reported as both up and down in price.

Source: December 2008 Manufacturing ISM Report on Business

TAGS: Procurement
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