by Brian J. McCormick, guest columnist In September’s column, we compared first-quarter with second-quarter best and average prices for the basket of 10 chemical commodities that make up the Datamyne US Best Price Benchmark (posted to the Datamyne homepage). This...
Chemical Price Storm Clouds on the Horizon?
by Brian J. McCormick, guest columnist The Chemcost search for the new cheap in US chemicals continues … even as chemical price storm clouds appear to be gathering. We’ve compared first-quarter with second-quarter best and average prices for the 10 chemical...
Follow BIG Shipment Volumes to Smallest Prices in Chemicals
by Brian J. McCormick, guest columnist Chemcost’s approach to global price discovery is based on the theory that volumes shipped point the way to competitive pricing. Call it a volume-centric approach. And we typically find in using this approach that global shipment...
Best Price Data Yields Best Savings from EU-Sourced Chemicals
by Brian J. McCormick, guest columnist This is not another April Fool’s story. Finding what we at Chemcost Interactive* call “The New Cheap” – the markets that offer the lowest prices for chemicals commodities – takes digging into the data on global buying and selling...
Brazil’s In-Balance Trade Offers One Sweet Saving Opportunity
by Brian J. McCormick, guest columnist As promised last time, Chemcost’s search for “The New Cheap”* changes course this month and heads south to Brazil. What we find is that Brazil’s trade in the 10 chemical commodities that make up Datamyne’s US Best Price Benchmark...
Asian Opportunity: Chemicals Priced 58% below US Benchmarks
by Brian J. McCormick, guest columnist Chemcost’s search for “The New Cheap”* has taken us to China, South Korea and India over the last few months. This month, we have broadened our scope to take in Asia and – as illustrated in Chart 1 below – discovered that Asian...
Opportunities to Buy at Bargain Chemical Prices Rise as Rupee Falls
by Brian J. McCormick, guest columnist Our search for “The New Cheap”*, which took us to China in August and South Korea in September, now leads us to India, where declines in the value of the rupee against the US dollar should set the stage for attractively priced...
Chemicals Price-Setter: South Korea
On the trail of “The New Cheap*” Chemcost finds an opportunity to save on precipitated silica | by Brian J. McCormick, guest columnist. Chemicals buyers – in whatever country they are based – can economically benefit from discontinuous price opportunities, wherever...
Where Is “the New Cheap”*?
Chemcost embarks on a global hunt for the best prices for chemicals to be had by China, and by the US | by Brian J. McCormick, guest columnist. The Datamyne US Best Price Benchmark created each month by Chemcost, based on Datamyne trade data, provides a global context...
What Secret Shipments Reveal
… and other tips on gleaning chemicals price information from EU aggregate trade data | by Brian J. McCormick, guest columnist This July, Datamyne introduces US Best Price Benchmark© for chemical commodities, a monthly index of the best prices across global markets...