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How to read monthly price movements
Percentage changes show the direction of the market. Comparing offers also requires a consistent specification.
A month-on-month change compares an indicator with the previous month. A positive value means an increase, a negative value a decrease, and zero means no change.
Compare the same grade, market and measurement method. A movement in this overview does not mean every individual offer changed by the same percentage.
When comparing supplier proposals, consider specifications, quantity, timing, transport and terms. Percentages alone are not enough to choose a material.