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- Pricing and Purchasing Webcast - September 2011
Pricing and Purchasing Webcast
IHS is hosting the Pricing and Purchasing Webcast: Should We Expect a Commodity Price Rebound Anytime Soon? on September 14, 2011
Commodity prices suffered their second broad-based selloff this year in late July and early August, as the widening Eurozone crisis, S&P US debt downgrade, and weakening fundamentals contributed to a rout in commodity and equity markets. The gloomy macroeconomic news has invaded the commodity price outlook and created some buying opportunities in the second half of the year. Meanwhile, the risk of a "double-dip" global recession has raised the possibility that commodity prices could fall even further. Energy and nonferrous prices face the largest downside threats in the near term. In contrast, elevated raw material costs for scrap, iron ore, and metallurgical coal limit the correction in steel prices. Are there any upside pricing risks to watch over the next year?
In this Pricing and Purchasing Webcast, we will discuss the pricing outlook for steel, base metals, and energy. We will set the stage by discussing our current global economic outlook, review the overall pricing environment, and then dive into specific commodities. Please join us on Wednesday, 14 September for a discussion of our Pricing and Purchasing third-quarter 2011 forecast.
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KC Chang, Senior Economist, Pricing and Purchasing Service
KC Chang
Senior Economist, Pricing and Purchasing Service
Bio coming soon.John Mothersole, Principal, Industry Practices Group
John Mothersole
Principal, Industry Practices Group
Mothersole is a Principal in the Industry Practices Group, where he is the nonferrous metals analyst. He also helps supervise the Pricing and Purchasing Service's price and wage forecasts and the construction cost and operation and maintenance costs forecasts prepared by the group's Power Planner Service. He has a graduate degree in economics from the University of Maryland.
Paul Robinson, Senior Economist
Paul Robinson
Senior Economist
Paul Robinson is an economist in the IHS Global Insight Pricing and Purchasing group. He is a graduate of the George Washington University, where he earned a BA in economics and international affairs with a concentration in international economics. He currently works in the ferrous metals division, specializing in raw materials and assisting on the Steel Monthly, Steel Industry Review and Weekly Pricing Pulse publications.
Paul has spoken about commodities at a number of conferences, including IHS conferences in Monterrey, Mexico (Commodities Outlook: Will Renewed Economic Growth Bring Higher Costs? ) and Mexico City, Mexico (Commodities Outlook: Purchasing Strategies for 2011), as well as the Association for the Advancement of Cost Engineering (AACE) conference in Anaheim, CA (Economic Risks To Consider Before Bidding Your Next Contract).
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