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...
South American Healthcare Market Leader Brazil Hosts Hospitalar
About 40% of the exhibitors at next week’s Hospitalar healthcare fair in Brazil will be from foreign countries – recognition of the strength of demand for imports in the country’s US$167-billion healthcare market. The US Commercial Service will be at Hospitalar to...
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...
Russia Sanctions: What about Vodka?
Russians have launched a retaliatory Internet campaign of tongue-in-cheek sanctions against US President Obama, Reuters reports. It includes Twitter users forbidding Obama from Russian vodka under the hashtag “MySanctions” (#МоиСанкции). There’s every chance Obama...
Trade Data Points to Potential Impact of Russia Sanctions
While the early rounds of US sanctions aimed at getting Russia to rethink its Crimea strategy have been confined to a small circle of government insiders and banking institutions, President Obama has signed an executive order that clears the way for sterner measures,...
Comparative Economics: Mercosur and the Pacific Alliance
Call it Latin America’s controlled experiment in economics (as the Wall Street Journal did recently): Along the Western seaboard, Chile, Colombia, Mexico and Peru embrace free trade and are working to lift restrictions on the movement of capital, goods and services,...
Naming Names: Best-Price Alternative Sources for Chemicals
by Brian J. McCormick, guest columnist In past columns, Chemcost has explored where in the world US chemicals purchasers can find the “New Cheap.” This month, we focus on who can deliver lower prices, with a demonstration of how Datamyne’s US bill of lading import...
Census Trade Data Suppression: How to Hide a $1 Billion Profit?
by Brian J. McCormick, guest columnist The US Census, the source for US import-export trade statistics, routinely modifies or suppresses selected data, primarily to protect confidentiality. Thus, statistics for two or more ports may be combined and published under an...
Mexico Poised to Surpass Japan as Source for US Auto Imports
Japan, the No. 2 source for autos imported by the US since the 1970s, will likely be overtaken by Mexico this year, according to a report from Bloomberg that cites IHS Automotive estimates. Mexican auto exports have quadrupled from 1993 to 2013, says Bloomberg, while...
LatAm Chemical Trade Stats Point to Savings for US Purchasers
by Brian J. McCormick, guest columnist Chemcost’s search for “the New Cheap”* winds up this month with a big opportunity story in Latin American trade. Last month we focused on Brazil (see Brazil’s In-Balance Trade Offers One Sweet Saving Opportunity). This month our...