菜单

Panjiva_research_logo

Plastic’s fantastic import price rise shows supply chain inflation risks

Canada 469 China 2894 Energy - PetChem 20 Materials - Chemicals 202 Materials - Metals/Mining 708 Materials - Packaging 44 Metals - Aluminum 227 Metals - Copper 66 Metals - Steel 480 U.S. 5193

U.S. supply chain inflation accelerated in March with U.S. import prices having increased by 6.9% year over year while the underlying figure excluding food and fuels rose by 3.8%. The latter’s price index of 102.9 was the highest since April 2013, confirming the increased inflation rate is not just a pandemic-related basis effect. The fastest rates of inflation have been among commodities and components, which add to rising freight rates within supply chain costs. Import prices for basic chemicals and plastics rose by 3.4% and 7.3% respectively, with the latter’s index reaching the highe...

Copyright © 2021 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.