Tag: commodity pricing

ICIS Announces Further Moves Towards Mexico Price Transparency | PR Newswire

ICIS Announces Further Moves Towards Mexico Price Transparency | PR Newswire

Price indications for notional two, three and five year contracts for potential power transactions on Mexico’s MEM wholesale power market were included in the flagship Mexico Energy Report publication on 11 July in addition to the one-year contract already included. The survey results show that a two-year contract for the Valle de Mexico Norte node, […]

Trump has access to a little-used tool that could lower oil prices | Markets Insider

Trump has access to a little-used tool that could lower oil prices | Markets Insider

“REDUCE PRICING NOW!” That was President Donald Trump’s message to OPEC last week, adding that “gas prices are up & they are doing little to help.” It was just the latest in a string of tweets taking aim at the oil cartel about energy costs. And ahead of the midterm election, where rising gas prices could hurt […]

Milk price index arrives | Gippsland Times

Milk price index arrives | Gippsland Times

DAIRY farmers will be better able to understand and interpret commodity market price signals following the launch of the new Milk Price Index. The index will provide independent and transparent market information to dairy farmers. The index will be supported by a one-year forecast of prices that will be updated quarterly, along with regular global, national and […]

CMA demands pricing action from energy company | GOV.UK

CMA demands pricing action from energy company | GOV.UK

The Competition and Markets Authority (CMA) has today issued legal directions to Daligas, a London-based company that provides energy to small businesses (SMEs) and domestic customers. A previous CMA Order had required all energy companies supplying Microbusinesses to provide an online tool so SMEs can access accurate energy quotes to compare with other firms, and […]

Saudi plans first change in Asia crude oil price formula in decades, to use DME Oman | Reuters

Saudi plans first change in Asia crude oil price formula in decades, to use DME Oman | Reuters

SINGAPORE (Reuters) – Saudi Aramco plans to change the formula used to price its long-term crude oil sales to Asia starting from October, marking the first change in benchmarks for its official selling prices (OSP) since the mid-1980s, the company said on Wednesday. Trade sources had earlier told Reuters of the planned change. The new […]

Sebi proposes ways for more transparency in spot price polling mechanism | The Economic Times

Sebi proposes ways for more transparency in spot price polling mechanism | The Economic Times

NEW DELHI: To improve transparency and credibility to the spot price polling mechanism in commodities, Sebi has proposed to make it compulsory for exchanges to accredit an independent polling agency and bring such agency under its purview. The capital markets regulator has come out with a consultation paper on ways to enhance efficiency in the […]

Iran sanctions could soon push oil prices above $90 a barrel, BoAML says | CNBC

Iran sanctions could soon push oil prices above $90 a barrel, BoAML says | CNBC

President Donald Trump’s sustained bid to disrupt Iran’s petroleum exports could soon help to push oil prices above $90 a barrel, analysts told CNBC on Thursday. Crude futures were seen hovering close to multi-year highs during early afternoon deals, after a bigger-than-expected drop in U.S. stockpiles added to a rally fueled by a major Canadian […]

June 25: Soybean Prices Crater As Trade War Accelerates | FarmLead

June 25: Soybean Prices Crater As Trade War Accelerates | FarmLead

Soybean prices collapsed again Monday. Markets remain fearful that a trade war between the United States and its primary trade partners will only worsen. Markets sold off after news broke that President Trump is considering restrictions on certain nations from investing in American technology companies. In addition, the European Union has retaliated with tariffs on […]

Trump’s tariffs on Canadian lumber are pricing Americans out of the U.S. housing market | Globalnews.ca

Trump’s tariffs on Canadian lumber are pricing Americans out of the U.S. housing market | Globalnews.ca

The statement goes on to suggest that the 20 per cent tariffs on imported Canadian lumber, which were implemented last November, have also added as much as USD $3,000 to the average price of a multi-family unit. Randy Noel, chairman of the NAHB, writes that the association told Commerce Secretary Wilbur Ross in a meeting […]

June 19 – Soybean Prices Crater Under 9$ as Trade War Escalates | FarmLead

June 19 – Soybean Prices Crater Under 9$ as Trade War Escalates | FarmLead

The Trump administration delivered another blow to soybean prices Tuesday. The entire grain complex was deep in the red after the administration threatened to hit more than $200 billion in Chinese imports with a 10% tariff. The threat came days after China announced retaliatory levies on U.S. goods after Trump’s first round of tariffs. Let’s […]