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Updated by Endru Smith on Jun 03, 2019
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Endru Smith Endru Smith
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Procurement Resource - Market Data, Price Trends and Analysis

Procurement Resource provides procurement market intelligence, supply chain analysis and category management in the form of market reports, cost models, price trends and analysis, benchmarking, category insights, etc. to facilitate a confident and easy procurement process.

Agriculture, Farming & Commodity Research | Procurement Resource

Agriculture and farming industry faces multiple challenges on account of factors like volatile commodity prices, growing population, supply-demand gap, protectionist trade policies, import barriers or subsidies in developed economies, inefficient infrastructure, and issues like food security and climate changes. With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with detailed buying and settlement process end-to-end, and delivers price and market forecast, success risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.

Chemicals | Procurement Resource

As the chemical industry serves to nearly every other industry ranging from energy, oil and gas, agriculture and manufacturing to consumer and retail, it continues to experience a plethora of challenges in the buoyant global economy. Some of the forces that hinder the industry growth include fluctuating commodity prices, irregular supply, regulatory pressures, geopolitical risk and revenue downturn.With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with detailed buying and settlement process end-to-end, and delivers price and market forecast, success risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.

Energy, Metals and Minerals Industry | Procurement Resource

The companies in the energy, metals and minerals industry need to contend with the volatility in the raw material prices, build robust and smarter processes, meet varied regulatory requirements and reduce operational costs. With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with detailed buying and settlement process end-to-end, and delivers price and market forecast, success risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.

Flavours and Fragrances Industry | Procurement Resource

One of the major trends in the flavours and fragrances industry is the increasing investments by vendors to increase their production capabilities and expand their distribution networks so as to widen their consumer-base. The focus has also shifted towards gaining access to untapped markets, which offer them greater opportunities.With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with detailed buying and settlement process end-to-end, and delivers price and market forecast, success & risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.

Food and Beverages Industry | Procurement Resource

The food and beverage industry plays an important role in the development of any economy and its growth is primarily marked by constant shifts in the taste and preferences of the consumers. To survive the highly fragmented industry, manufacturers are competing against each other in terms of quality, innovation and value-addition. With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with detailed buying and settlement process end-to-end, and delivers price and market forecast, success risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.
Read More:- (https://www.procurementresource.com/industries/food-and-beverages)

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Healthcare Industry | Procurement Resource

Healthcare Industry | Procurement Resource

The non-discretionary and non-cyclical characteristics of healthcare sector have made it one of the most stable industries in recent times. As demographic shifts and societal changes are intensifying pressures on health systems and demanding new directions in the delivery of healthcare, a majority of the pharma and biopharma companies are spending up to 20% of their revenues in their R&D measures. With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with detailed buying and settlement process end-to-end, and delivers price and market forecast, success & risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.

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Machinery, Electronics and Durables Industry | Procurement Resource

Machinery, Electronics and Durables Industry | Procurement Resource

The ever-changing global economy demands manufacturers to keep pace with the latest technologies, focus on eco-friendly innovations, manage unpredictability in demand, create an effective supply chain and control input costs. With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with detailed buying and settlement process end-to-end, and delivers price and market forecast, success & risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.

More Info:- (https://www.procurementresource.com/industries/machinery-electronics-and-durables)

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Operating Costs, Logistics and Utilities Industry | Procurement Resource

Operating Costs, Logistics and Utilities Industry | Procurement Resource

Globalisation and growing e-commerce have created an environment where supply chains are adapting to new models. Dedicated e-commerce warehousing and distribution contracts are increasingly being awarded to logistics providers. An increasing focus is given to specific industry sectors, and offering additional value-added services that make the services more relevant for the client needs. With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with detailed buying and settlement process end-to-end, and delivers price and market forecast, success & risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.

More Info:- (https://www.procurementresource.com/industries/operating-costs-logistics-and-utilities)

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Packaging Industry Research | Procurement Market Intelligence and Solutions

Packaging Industry Research | Procurement Market Intelligence and Solutions

Factors such as market saturation, product commoditization, rising costs, emerging customer channels and growing price sensitivity have brought changes in the marketing strategies of the companies in the packaging industry. The focus has shifted towards global expansion, improving visibility across the value chain and enhancing business models. With its method-based engagements and client-centric consultative approach, Procurement Resource provides you with detailed buying and settlement process end-to-end, and delivers price and market forecast, success & risk factors analysis, supplier mapping, price analysis and benchmarking, spend analysis, cost reduction, and manufacturing equipment and machinery.

More Info:- (https://www.procurementresource.com/industries/packaging)

Crude Palm Oil price trend

Crude Palm Oil price trend - USA, Canada, Germany, Italy, Vietnam, Indonesia, India, China, Brazil, Argentina, France

RBD Palm Olein price trend

RBD Palm Olein price trend - USA, Canada, Germany, Italy, Vietnam, Indonesia, India, China, Brazil, Argentina, France

Crude Soybean Oil Price Trends

Crude Soybean Oil Price Trends USA, Canada, Germany, Italy, Vietnam, Indonesia, India, China, Brazil, Argentina, France

Wheat price trend

Wheat price trend - USA, Canada, Germany, Italy, Vietnam, Indonesia, India, China, Brazil, Argentina, France

Eggs price trend

Eggs price trend - USA, Canada, Germany, Italy, Vietnam, Indonesia, India, China, Brazil, Argentina, France

U.S Sanctions on Iran

The president of the United States , Donald Trump, had pledged to be tough on Iran during his presidential campaign. Since the time he became the President, Trump has stayed true to his words by reinstating the sanctions on Iran in 2018, making it an unfortunate year for the country. In May 2018, under the instructions of the President, the U.S. pulled out of the Joint Comprehensive Plan of Action which was signed with Iran and announced that the sanctions would return in two phases. The sanction related to the crude oil, which serves as Iran’s economic lifeline, was reintroduced towards the end of 2018. It is widely believed that the sanction could have been worse for business in Iran had the U.S. not granted waivers to eight significant importers like China, India and Japan, who account for the highest amount of Iranian crude oil. As the U.S. and Iran remain embroiled in controversies, economists, politicians and analysts are awaiting the latest developments before making critical business decisions.

More Info:- https://www.procurementresource.com/news-and-artilcles/us-sanctions-on-iran

Malaysian Palm Oil Prices to Recover in 2019

Palm oil is primarily a variant of vegetable oil that is derived from the mesocarp of the fruit of the oil palms. Being a saturated type, this oil provides several advantages that makes it one of the most preferred vegetable oils among consumers. Multiple studies have confirmed that palm oil has the power to reduce stress, boost brain health, fight heart diseases, improve skin health and increase Vitamin A in the body. Hence, palm oil undoubtedly enjoys a high position among health-conscious eople around the globe. The countries situated in the tropical belt are the primary producers of palm oil. However, not all countries are able to produce it as the plantation of the same requires certain specifications regarding climate conditions. Malaysia and Indonesia are the two major producers of palm oil in the eastern part of the world. The production scores so high that both countries have the capacity to export to the other parts of the world.

More Info:- (https://www.procurementresource.com/news-and-artilcles/malaysian-palm-oil-prices-to-recover-in-2019)

Commencement of Sasol’s First Polyethylene Production Plant Under LCCP Project

Sasol is a much-recognized chemical company all over the world in the field of polymer production. As the global demand for plastics has increased rapidly, Sasol has become a major contributor to the industry of polymers with their quality products and state-of-the-art technologies. Recently, the Company has proclaimed that the first of their seven production facilities under the LCCP project has attained beneficial operations. According to Mike Thomas, Senior Vice President of the North American wing operation at Sasol, the initiation of a fresh project for manufacturing low-density PE is going to be a fundamental movement in the work history of Sasol.

Asia Propylene Market Procurement Resource

Several developments in the Asian propylene market in the last quarter of 2018 meant that its effects were expected to spiral into the early part of 2019. Towards the end of the calendar year, many top companies in north-eastern Asia completed their individual turnarounds, which resulted in a gradual lengthening during the Q4 of 2018. The most obvious example of such an occurrence was in Japan where JXTG Nippon Oil and Energy restarted the Fluid Catalytic Cracking (FCC) unit on December 20th post the planned maintenance process. Prior to this, the unit remained shut towards the end of October for a similar maintenance drive.

Website at https://www.procurementresource.com/news-and-artilcles/pg-to-launch-new-waterless-and-plasticfree-brand-ds3

US-based Fast-Moving Consumer Goods (FMCG) giant, Procter & Gamble, has planned to launch a unique waterless and plastic-free beauty brand DS3 in 2019. It is a tremendous achievement for the research and development team of the company as it has introduced a proprietary technology to the segment. DS3 will include a whole range of sustainable-oriented, plastic-free and waterless home and personal care products like cleansing bars that are specially designed for the body, face and hair. These products are convenient as well as environment-friendly due to their proprietary manufacturing process. The procedure ensures that water is completely eliminated from the end product. In addition to this, the packaging of the product will be biodegradable and recyclable as it will be created explicitly by formulators without using any harsh chemicals.