SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: commodity pricing

Lafarge may raise exports as pricing pressure continues | The Star Online

Lafarge may raise exports as pricing pressure continues | The Star Online

“In the near future, Japan is expected to slow down on their exports as they have the Tokyo Olympics coming up. Taiwan has a new tax imposed which makes their export costs higher. “With the rebalancing of demand and supply in the regional market, we think there is a possibility that our plant in Langkawi […]

Global Crude Prices Slip on Reports Trump Considering Sales from Strategic Petroleum Reserve | TheStreet

Global Crude Prices Slip on Reports Trump Considering Sales from Strategic Petroleum Reserve | TheStreet

WTI futures for July delivery, the new U.S. pricing benchmark, were marked 0.1% lower from their Monday close at $50.60 while Brent crude contracts for the same month were seen 0.05% lower at $53.38 per barrel. Any decision to sell SPR stocks can be made by the President under the Energy Policy and Conservation Act, […]

Roberts, Stabenow press for action on Canadian dairy pricing | WallacesFarmer

Roberts, Stabenow press for action on Canadian dairy pricing | WallacesFarmer

Canada implemented the new national pricing strategy that blocks ultra-filtered milk, which caused several processors in the United States to tell farmers to find new processors as of May 1. “Since April of 2016, Canadian provinces have been modifying their pricing schemes for certain dairy products,” the senators said in their letter. “Currently, Canadian provinces […]

OPEC unlikely to throw in the towel despite losing its pricing power – Commerzbank | Shipping Herald

OPEC unlikely to throw in the towel despite losing its pricing power – Commerzbank | Shipping Herald

OPEC’s limited impact on oil prices since securing a landmark deal to curb oversupply shows its dwindling influence in the energy market, according to the head of commodities research at Commerzbank. “The fairly short-lived effect of production cuts on oil prices shows that OPEC’s market impact via ‘supply control’ is very limited. We have been […]

Petrol: Petrol, diesel prices likely to be slashed by Rs 1.50 per liter on Monday | ET EnergyWorld

Petrol: Petrol, diesel prices likely to be slashed by Rs 1.50 per liter on Monday | ET EnergyWorld

New Delhi: Consumers can expect petrol and diesel prices to be slashed on Monday as fuel prices in the five cities where Indian Oil Corporation has initiated daily fuel prices revisions have fallen by more than Rs 1.50 per litre since 1 May. Revised petrol and diesel prices for Chandigarh, one of the five pilot […]

Florida probes Tyson Foods, Pilgrim’s Pride on chicken pricing | Reuters

Florida probes Tyson Foods, Pilgrim’s Pride on chicken pricing | Reuters

Top U.S. chicken companies Tyson Foods Inc (TSN.N) and Pilgrim’s Pride Corp (PPC.O) said on Monday that Florida’s attorney general sought information from them regarding a probe into possible anticompetitive behavior, widening a legal review into chicken pricing. Florida Attorney General Pam Bondi’s office has opened an investigation into allegations made in civil lawsuits, filed […]

Tea Prices: Specialty Up, Commodity Down | World Tea News

Tea Prices: Specialty Up, Commodity Down | World Tea News

Rising labor expense and unpredictable weather are driving prices higher, according to economists. Tea sold at auction in Colombo, Sri Lanka, continues to lead the world in pricing, averaging $420.90 per metric ton ($4.21 per kilo) for high-grown, according to the International Tea Committee. African teas sold in Mombasa averaged $2.39 with Malawi tea bringing […]

Consumers lose, margins win when robots set the prices | Wall Street Journal

Consumers lose, margins win when robots set the prices | Wall Street Journal

One recent afternoon at a Shell-branded station on the outskirts of Rotterdam, in The Netherlands, the price of unleaded fuel started ticking higher, rising more than US3.5c by closing time. It didn’t take long for a competing station down the road to raise its price about the same amount. The two stations are among thousands […]

WSJ: Gas Station Prices Constantly Change Due to AI Software | NewsMax

WSJ: Gas Station Prices Constantly Change Due to AI Software | NewsMax

Gasoline retailers reportedly are using artificial-intelligence software to set optimal prices, testing textbook theories of competition. Antitrust officials worry such systems raise prices for consumers. “In economics textbooks, open competition between companies selling a similar product, like gasoline, tends to push prices lower. These kinds of algorithms determine the optimal price sometimes dozens of times […]

Gas price war erupts between Kleenheat and Alinta Energy after discount offer | Perth Now

Gas price war erupts between Kleenheat and Alinta Energy after discount offer | Perth Now

WA’s biggest gas retailer is offering some people up to a quarter off their bills in a bid to win them back as a price war with Wesfarmers-owned Kleenheat intensifies. … It is understood the product will be a type of “capped billing” service that will charge customers a flat price every month and give […]