Track Metals Pricing Closely for Component Sourcing Events

Aug 14, 2023 2:43:22 PM / by Supplyframe

As the global metals supply chain continues rigorously managing and reducing inventory, Asian metal makers seek more volume commitments in H2 and 2024 by offering attractive pricing. Given sideways trending for tin, aluminum, copper, and most other raw metals – electronics commodity and procurement teams would do well to track spot pricing for sourcing activities. Uncertainty breeds caution as copper pricing has been moving laterally but in July was 12.3% higher on average than 2022.

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