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The ISM manufacturing report showed its Prices Index rose to 59.5% in August from 53.2% in July, with no industry reporting lower input prices. Aluminum, copper, freight, packaging and some steel were cited as rising in price.
Broad input cost inflation and supplier pricing power signal a general firming in industrial and freight costs that can filter into feed production and logistics expenses.
supplychaindive.comShefali KapadiaSep 3, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
