Material Price Movements to December 2023

In addition to the trends above, shipping costs are down 47% in the YTD and almost 90% since the peak in Q3 2021. Natural Gas Import price is down 28% in the YTD and down 79% since the peak in Q3 2022.

For comprehensive analysis of 2023 material price changes and commodities price trends look out for our suite of InfoCards 2024, due to be released in January 2024.

If you’d like to have a chat on any further information covered please don’t hesitate to contact us.

You can view our previous newsletter narratives on Material Price Increases in our Sept 2023,  June 2023 December 2022, October 2022, June 2022, March 2022, November 2021, and July 2021 posts.