Tag: commodity pricing

Murray Goulburn increases milk price | Riverine Herald

Murray Goulburn increases milk price | Riverine Herald

Major milk processor Murray Goulburn has lifted its opening price for the 2017-18 season from $4.70/kg milk solids to $5.20/kg and increased its forecast range of prices for the season. The company, which has come under sustained criticism from suppliers for the low opening price, has lifted the upper end of the forecast, taking the […]

Elmer Fudd Should Not Lead Your Pricing Strategy| Strategic Pricing Solutions

Elmer Fudd Should Not Lead Your Pricing Strategy| Strategic Pricing Solutions

One of the more common things we see is pricing strategies and tactics succumbing to fear, uncertainty and d-doubt (FUDD).  When that happens, companies frequently begin a cycle of value-destroying pricing decisions.  You can prevent those decisions by recognizing the symptoms and stopping Elmer Fudd from leading your pricing strategies. The fear component of Elmer […]

Potash Prices: Will Marketing Cooperatives Rebalance the Market? | Economic Calendar

Potash Prices: Will Marketing Cooperatives Rebalance the Market? | Economic Calendar

These marketing cooperatives negotiated “fair” prices for potash and would hold out on sales until sellers would be willing to pay an adequate amount. This strategy was undertaken so potash producers could get a good price for potash, which is particularly expensive to mine. Buyers, on the other hand, said the market was a monopoly. […]

Energy Prices Forecast | Kiplinger

Energy Prices Forecast | Kiplinger

Cheaper crude oil is starting to benefit drivers at the gas station. The national average price of regular unleaded gasoline slipped four cents from a week ago, to $2.29 per gallon. And a price rebound seems unlikely for now. We look for the national average price to hover around $2.30 per gallon. Diesel, now averaging […]

Next Steps for Gas Pricing | Energy Intelligence

Next Steps for Gas Pricing | Energy Intelligence

Long-term contracts that index LNG or international pipeline gas prices to oil for decades into the future are quickly becoming counterproductive for everyone involved. Once oil demand peaks, oil prices will probably become chronically weak and unstable. When that will be is unclear, but a growing number of forecasts show that peak arriving within a […]

Indian Oil tests protocols for implantation of dynamic pricing | Business Standard News

Indian Oil tests protocols for implantation of dynamic pricing | Business Standard News

State-run Indian Oil Corp. on Thursday said it has successfully tested all protocol systems related to dealers and customers to ensure a successful roll out of the daily dynamic pricing structure for petrol and diesel prices from June 16. Petrol and diesel prices will be revised daily from June 16 onwards by the three oil […]

Thompson On Cotton: Reasons Not To Slip Into Panic Pricing | AgFax

Thompson On Cotton: Reasons Not To Slip Into Panic Pricing | AgFax

For days now, the funds have been hastily liquidating long positions ahead of July’s contract expiration. Until now, we have seen the trade step in, providing market support as on call sales were priced on these breaks. Finally wise to this and given another opportunity, the trade remained patient, taking advantage of further price weakening […]

Iron Ore Pricing 201: Spot Pricing Suggests Further Downside | Benzinga

Iron Ore Pricing 201: Spot Pricing Suggests Further Downside | Benzinga

The share prices of iron ore miner stocks are pricing in much higher iron ore prices that the market is delivering, suggesting the sector could see significant downside ahead. Axiom analyst Gordon Johnson recently derived implied iron ore prices using the current share prices of five of the world’s largest iron ore producers and now […]

Falling cocoa prices threaten child labor spike in Ghana, Ivory Coast | Reuters

Falling cocoa prices threaten child labor spike in Ghana, Ivory Coast | Reuters

DAKAR (Thomson Reuters Foundation) – A drop in global cocoa prices threatens to undermine efforts to stamp out child labor in Ghana and Ivory Coast, the world’s two biggest growers, as falling incomes could force farmers to send their children to work, charities said on Monday. More than two million children are estimated to work […]

Prices of petrol, diesel to change daily from June 16 | Star of Mysore

Prices of petrol, diesel to change daily from June 16 | Star of Mysore

Mysuru: The ‘dynamic’ daily pricing of fuel that had been introduced as a pilot project in a few cities in the country from May 1, will come into effect in the whole country from June 16. The consumers throughout the country will pay a different price for petrol and diesel every day, according to the […]