IHS provides the strategic tools and expert advice to help better understand how, when, and why prices are—or will be—moving. IHS provides essential data, forecasts, and analysis to quantify the sources of price change, as well as:

• Better understand supplier cost structure
• More effectively manage the supply chain
• Focus on the outlook for key input costs—commodity prices and labor costs

IHS industry analysts monitor and forecast more than 1,200 global price, wage, and manufacturing costs. Forecast coverage includes key global spot market prices, wages and material costs across 10+ countries for key sectors, including:

• Energy products
• Chemicals
• Steel
• Nonferrous metals
• Industrial machinery and equipment
• Electronic components
• Paper and packaging
• Transportation
• Building materials