Articles Tagged with ''commodity reports''

Producer prices for HDPE pipe were down -.6% M/M (.4% last month) and were down -.7% Y/Y (up .4% Y/Y last month).  Plastic pipe fittings and unions were down -.6% M/M (.6% last month) and up 5.4% Y/Y (up 7.6% last month).

rooved products will experience second-quarter increase up to 8% driven by cumulative operational costs.

Overall demand has slowed slightly on decreased rig count. Inventories vary across the country, but lead times remain relatively short.

The producer price index for copper tube and fittings was up 1.2% month-over-month (up 3.7% in the last update), but was down -2.5% year-over-year.

Current situation: Valve prices, according to the Producer Price Index, were unchanged month-over-month in April. On a year-over-year basis, prices were up 3.3%.

In general, strong distributor inventories combined with substantial market uncertainty have created moderate demand softening. Domestic manufacturers see a flat near-term future.

The two major influences on industrial valves, oil and gas and automotive, are experiencing a softening.

US stainless-steel output likely increased by 50,000 tons to 2.85 million tons in 2018.

Resin pricing is stable to slightly soft and should remain that way over the next 30-60 days.

Most scrap metal producer prices dipped month-over-month again in March, dropping 4.1% M/M. On a year-over-year basis, they were down more sharply by 10.3%.