Tag: commodity pricing

Brent crude: India to receive its first shipment of crude from US on Monday | The Economic Times

Brent crude: India to receive its first shipment of crude from US on Monday | The Economic Times

NEW DELHI: US officials expect their crude exports to keep global oil prices low and stable in the future and benefit consumers, including India, which is set to receive its first shipment from the US on Monday. “Over the long term, it’s hard to see crude prices going up significantly. There might be natural disasters, […]

BPCL to increase focus on highway segment to arrest diesel market share decline | Economic Times

BPCL to increase focus on highway segment to arrest diesel market share decline | Economic Times

New Delhi: Bharat Petroleum Corporation (BPCL), the country’s second-largest fuel retailer, plans to ramp up focus on the highway retail segment in order to arrest the decline in the company’s diesel market share. Company officials are mulling ways— including strategic pricing, upgraded loyalty programme and changing the look of retail outlets – to bring about […]

Pricing pressures likely due to increased iron ore supply: NMDC | Business Standard News

Pricing pressures likely due to increased iron ore supply: NMDC | Business Standard News

The higher iron ore prices in 2014-15 was a result of deficit supplies owing to the restricted mining across states like Karnataka, Odisha and Goa while the current pricing scenario was largely influenced by the easing of these restrictions, according to TRK Rao, director(commercial) of NMDC. The company is facing a major competition from the […]

Market pricing in two RBA rate hikes over the next year | The Sydney Morning Herald

Market pricing in two RBA rate hikes over the next year | The Sydney Morning Herald

The Australian market is pricing in two rate hikes by the Reserve Bank of Australia over the next 12 months, despite the bank calling the top of the iron ore cycle in a surprise to some market watchers. Options traders around the world are ramping up their expectations for central bank tightening, as global investors await the […]

Minister hints at sugar imports for stable prices | Money Life

Minister hints at sugar imports for stable prices | Money Life

Union Food Minister Ram Vilas Paswan on Wednesday said the government may consider allowing sugar imports if prices go up during this festive season. “We do not want sugar prices to increase during the festive season. We will do (import) it, if the need arises. We want to keep the prices stable. However, there is […]

Xcel’s rates have risen but are still below state’s average | amarillo.com

Xcel’s rates have risen but are still below state’s average | amarillo.com

Higher bills from Xcel Energy, which has a monopoly on Texas Panhandle homes and powers most area businesses, are a result of costly technological upgrades, spokesman Wes Reeves said. The average residential bill has increased 19.8 percent per kilowatt-hour since 2006. Fluctuations in fuel pricing, particularly natural gas, typically impact deregulated energy providers more heavily […]

Fuel cost sees 7% rise since start of dynamic pricing | ET EnergyWorld

Fuel cost sees 7% rise since start of dynamic pricing | ET EnergyWorld

KOLKATA: Both petrol and diesel prices in Kolkata have risen by more than 7% since June 16, when the government introduced dynamic pricing of fuel. Dynamic pricing, according to oil marketing companies, is to ensure the benefit of even the smallest change in international fuel prices can be passed on to dealers and consumers. The […]

Zambia : Government should take advantage of increased copper prices. | LusakaTimes

Zambia : Government should take advantage of increased copper prices. | LusakaTimes

Rise in copper prices should put a smile on people’s faces because it ought to translate in improved living standards for Zambians due to increased foreign exchange earnings and potential job creation. Increase in foreign exchanges will sustain the appreciation of the kwacha against the dollar and will reduce inflation due to the fact that […]

Celanese (CE) to Raise Prices of Selective Acetyl Products | Nasdaq.com

Celanese (CE) to Raise Prices of Selective Acetyl Products | Nasdaq.com

Celanese Corporation CE announced that it will increase the list and off-list selling price of certain acetyl intermediates products. The price hike is effective immediately or as contracts permit. In the United States, prices of Acetic Acid, Acetic Anhydride and Acetic Acid/ Acetic Anhydride blend will increase by 4 cents per lb. In Mexico and […]

Freezing Energy Prices Is Not Key to Change | Recorder Daily

Freezing Energy Prices Is Not Key to Change | Recorder Daily

Energy prices have been in the news a lot lately, with over 52 million customers in the UK who currently purchase energy from one supplier, or multiple suppliers it is no wonder that when utility companies hike their yearly prices up, there is uproar from the public. Whilst justified, there are often key factors involved […]