Tag: commodity pricing

Iron ore’s market pricing dynamic is somewhat divorced from underlying fundamentals | BusinessDay

Iron ore’s market pricing dynamic is somewhat divorced from underlying fundamentals | BusinessDay

Launceston, Australia — Imagine for a moment that iron ore was still priced the way it was for decades — in closed-door meetings between miners and steel makers — and then try to visualise what the current level would be. Whatever number you may have come up with, it’s unlikely to be anything close to […]

The minuscule system of pricing | Down To Earth

The minuscule system of pricing | Down To Earth

THE AGRICULTURE market cannot be explained by the simple principle of supply and demand. Rather, it is a devilish interplay of many vested interests that turn a blind eye to farmers’ concerns. There are more dubious players in the ubiquitous mandis or agriculture markets across India than in any other commodity markets. Both local political […]

Diesel Prices Burn Holes in Pockets on Account of Firming Crude Oil Price in the Indian Basket | News18

Diesel Prices Burn Holes in Pockets on Account of Firming Crude Oil Price in the Indian Basket | News18

Fuel prices are now dynamic and unregulated which means prices change on a daily basis based on the crude oil rates and the demand and supply mechanism. Under dynamic, or real-time, pricing, price of a product can vary as fixed by individual retailers across locations and duration of the day. Retail fuel prices in the […]

Coal India to charge customers on energy content in coal | The Economic Times

Coal India to charge customers on energy content in coal | The Economic Times

In technical terms, coal price will be based on Rupees per kilo calorie — that is Rupees per unit of energy. “It is a global system of coal pricing and we would put in place systems for measuring energy content for each consignment. It will lead to financial benefit for customers who pay for what […]

Oil rally ends as U.S. production expected to keep prices in check | The Globe and Mail

Oil rally ends as U.S. production expected to keep prices in check | The Globe and Mail

Global crude markets carried their end-of-year momentum into 2018, but will have trouble taking prices higher in the coming weeks barring a major geopolitical event, analysts say. Leading international and North American benchmark prices hit their highest levels in nearly two years near the end of last week, before a profit-taking selloff on Friday. Analysts […]

​Pipeline, transportation bottlenecks causing lower prices for Canadian oil and gas: Deloitte | JWN Energy

​Pipeline, transportation bottlenecks causing lower prices for Canadian oil and gas: Deloitte | JWN Energy

Canadian oil and gas producers and the governments they pay royalties too are not benefiting as much as they could be from improving commodity prices. A new report from Deloitte says that concerns over transportation bottlenecks to the U.S. market have increased the historic price differential between Canadian WCS and U.S. WTI oil, while infrastructure […]

Don’t panic! Oil price outlook improves as US shale faces headwinds in 2018 | Arab News

Don’t panic! Oil price outlook improves as US shale faces headwinds in 2018 | Arab News

LONDON: Arab News has been told that 2018 is unlikely to see a massive ramp-up in US shale production that could potentially wreck attempts by Russia, Saudi Arabia and other producers to stabilize oil prices and shrink surplus inventories. Speaking from Denver, Colorado, senior Wood Mackenzie energy analyst Ryan Duman said there were “headwinds” for […]

Tokyo Steel to raise product prices for a second month in Jan | KITCO

Tokyo Steel to raise product prices for a second month in Jan | KITCO

Tokyo Steel Manufacturing Co Ltd , Japan’s top electric-arc furnace steelmaker, said on Monday it would raise its product prices for a second straight month in January due to tight market conditions at home and abroad and expectations for higher market prices. Prices for steel bars, including rebar, will increase by 3,000 yen ($26.63), or […]

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

Over two-thirds of the November increase in the index for final demand goods is attributable to prices for gasoline, which jumped 15.8 percent. The indexes for light motor trucks, pharmaceutical preparations, beef and veal, residential electric power, and jet fuel also moved higher. In contrast, prices for processed young chickens fell 5.7 percent. The indexes […]

TSX May Open Higher As Initial OPEC Comments Lift Oil Prices | Nasdaq.com

TSX May Open Higher As Initial OPEC Comments Lift Oil Prices | Nasdaq.com

Canada’s benchmark index looked set to open higher on Thursday as oil prices climbed after initial comments from OPEC members boosted investor optimism. Stock futures for the December quarter on the S&P TSX index were up 0.1%. Action Economics ( AE ) said the cartel seems to be on board with an output cut extension […]