NASPD Line Pipe Distributor’s Index – Pipe Logix, LLC

AUGUST 2019

… Distributor’s sentiment remains low with the NASPD Index at 34 in August, down from 39 the previous month.   Five of the seven components to the index are below 50 with the Price Outlook scoring 20 this month….

Click the following link for details:
NASPD Index_Aug 2019

Regards,
Kurt
———————
Kurt Minnich
Pipe Logix
918.494.2828
www.pipe-logix.com

JULY 2019

… Sentiment remains below 50, indicating a contracting market environment.  The NASPD Index of sentiment was 39 in July, up 10 points from the previous month but it continues to point to further contractions in the market.  While New Orders and the Price Outlook improved, both remain below 50….

Click the following link for details:
NASPD Index_Jul 2019

Regards,

Kurt

———————
Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

JUNE 2019

…The NASPD Index scored 29 in June, near the all-time low score that was realized in 2015.  Most components to the NASPD Index were lower in June with New Orders and the Pricing Outlook particularly low; 5 and 14, respectively.  These declines were partially offset by continued improvement (lower volumes) in Imports, which scored 86 in June….

Click the following link for details:

NASPD Index_ June 2019

Kurt
———————

Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

MAY 2019

… Distributor’s sentiment fell further in May, indicating a deeply contracting market with the NASPD Index at a score of 31.  All of the components to the NASPD Index were lower except import volumes, which increased (indicating reduced import volumes expected in the coming period)….

Click the following link for details:
NASPD Index_May 2019

Kurt
———————

Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

APRIL 2019

Distributor’s sentiment continues to languish with the NASPD Index at 40 this month.  While the index is the same as the previous month’s score, some components to the index are different with price expectation and order fulfillment degrading while inventory size is improving….

Click the following link for details:
NASPD Index_Apr2019

Regards,

Kurt

——————–
Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

MARCH 2019

….  Distributor’s sentiment remains low with the NASPD Index at 40 for March.  Sentiment began declining in June 2018 and dipped below 50, an indication of a contracting market, in September 2018.  The price outlook, a component of the NASPD Index, hit its lowest level in March with a score of 21. …

Click the following link for details:
NASPD Index_March 2019

Regards,

Kurt

——————

Kurt Minnich
Pipe Logix
918.494.2828

FEBRUARY 2019

…Sentiment continues to indicate a contracting market condition with an NASPD Index score of 41 for February, down from 43 the previous month and 74 a year ago…

Click the following link for details:
NASPD Index_Feb 2019

Regards,

Kurt

——————

Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

JANUARY 2019

… Distributor’s sentiment improved slightly but continues to signal a contracting market.  The NASPD Index was 43, up from 36 the previous month and down from 81 a year ago. …

Click the following link for details:
NASPD Index_Jan 2019

Regards,

Kurt

——————

Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

DECEMBER 2018

….  Distributor’s sentiment fell again with the NASPD Index at 36 in December, which was down from 39 the previous month and down from the peak of 81 in February 2018.  All components of the NASPD Index were lower in December except two…….

Click the following link for details:
NASPD Index- December 2018

Regards,

Kurt
——————-
Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

NOVEMBER 2018

… Sentiment is lower in July with the NASPD Index at 64 compared to 71 the previous month.  Components to the sentiment index show inventory has increased but import volumes are expected to be lower in the coming months and prices are holding.  The overall sentiment score continues to describe a market that is expanding, just at a slower rate than described in the previous six months….

Click the following link for details:
NASPD Index_November 2018

Regards,

Kurt
———————
Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

OCTOBER 2018

…Distributor’s sentiment eased further in October with the NASPD Index at 45 compared to 47 the previous month.  The reading below 50 suggest the market is contracting slightly.  Most components of the index are near 50, a neutral sentiment, except for new orders and the price outlook; both of which are 38, which is a contracting market indicator.…

Click the following link for details:
NASPD Index_October 2018

Regards,

Kurt
———————
Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

SEPTEMBER 2018

…  Sentiment continues to trend lower with the NASPD Index at 47 in September, down from a high of 81 in February.  The current index suggest the market environment is slightly negative, the first time the index has been below 50 since October 2017…

Click the following link for details:
NASPD Index_September 2018

Regards,

Kurt
———————
Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

AUGUST 2018

…  Distributor’s sentiment is also lower in August with the NASPD Index at 54, down from a peak of 81 in February.  While still indicating an expanding market, several components of the NASPD Index have softened, particularly the price outlook and lead times for new order fulfillment…

Click the following for details:
NASPD Index_Aug 2018

Regards,

Kurt
———————
Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

JULY 2018

…  Sentiment is lower in July with the NASPD Index at 64 compared to 71 the previous month.  Components to the sentiment index show inventory has increased but import volumes are expected to be lower in the coming months and prices are holding.  The overall sentiment score continues to describe a market that is expanding, just at a slower rate than described in the previous six months…

Click the following link:
NAPSD Index_Jul 2018

Regards,
Kurt
———————
Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

JUNE 2018

… Distributor’s sentiment remains strong with the NASPD Index at 71 in June.  All the components of the NASPD Index remain over 50, indicating an expanding market, except new orders, which decreased to 42. …

Click the following link:  NASPD Index- June 2018

Regards,

Kurt
———————

Kurt Minnich
Pipe Logix
918.494.2828

www.pipe-logix.com

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