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...
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...
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...
ITC Weighs Inquiry into Dumping of Refrigerant by China
Mexichem Fluor has petitioned the Dept. of Commerce International Trade Commission to open antidumping and countervailing duty (AD/CVD) investigations into imports of 1,1,1,2-tetrafluoroethane from China. Mexichem Fluor markets the refrigerant under the registered...
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...
Datamyne Trade Data to Power Chemcost Global Price Discovery Solutions
Miami — Datamyne, a leader in international commercial intelligence, will supply the detailed import and export trade data that powers the price-benchmarking and production cost-building economic models of Chemcost Interactive LLC© (CI©), providers of research and analysis to support cost-efficient supply chain management. “We are very pleased to collaborate with Chemcost in delivering innovative solutions to procurement and supply chain managers,” says Brendan R. McCahill, CEO of Datamyne.