Ghana and Ivory Coast have teamed up in a strategic alliance to tackle falling prices of cocoa on the World Market. This was revealed at the Ghana-Cote d’Ivoire Joint Commission in a statement read by the CEO of Cocobod Joseph Boahen Aidoo, MyNewsGh.com covered. “The essence of this continuous dialogue cannot be overemphasized considering the […]
Cotton prices will drop by some 12% next season, despite a surge in Chinese imports, and the prospect of 20% of the crop planted in the drought-hit US southern Plains being lost, US officials said. The US Department of Agriculture, unveiling its first full estimates for world cotton supply and demand in 2018-19, forecast that […]
NEW YORK (CNNMoney) — Razor, diaper and shampoo makers are waging a high-stakes battle over prices. Procter & Gamble, Kimberly Clark and Colgate-Palmolive’s business models are under pressure. An onslaught of new competitors have entered the market. Retail traffic continues to decline. And shoppers are more frequently going online to compare costs. The companies’ response? […]
According to the International Cocoa Organization (ICCO), the industry has a global surplus of 371,000 tons of the agricultural commodity (DBA) this season. Ivory Coast alone is on track to produce a record 2 million tons of cocoa this year. According to Dr. Owusu Afriyie Akoto, Minister of Food and Agriculture, the decline in the price […]
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 […]
While Albertans will feel the effects of the carbon levy at the gas pumps Jan. 1, the new tax may not drive up the prices of some consumer goods, Premier Rachel Notley said Wednesday. Fielding questions from reporters during a year-end news conference, Notley was asked if Albertans will see the new carbon levy reflected […]
“We think only making a calculation based on vessel costs, including running costs and investments, to shape the shipping market is not reality,” he says. “The change has an impact on all the players of the industry. After 2008, the financial crisis affected the markets and demand could not forecast more than a quarter period. […]
Is it time for a radical rethink on container terminal pricing? McKinsey & Co seem to think so. Barry Parker reports In a chilly time of the year in the northern hemisphere, a lot of heat has been generated by McKinsey & Company’s article urging a rethink of pricing at container terminals. McKinsey’s How to […]
Leading shipping container groups Maersk, MSC and 13 other firms have offered to change their pricing practices to settle an EU antitrust probe and stave off any fines, three people familiar with the matter said on Wednesday. The case is being closely watched by other sectors such as supermarkets and chemical firms which use similar […]
Yields in the air cargo market fell by a “whopping” 15% year-on-year in 2015, according to the latest data by WorldACD. While the impact was mitigated by the falling cost of fuel, volumes increased by a mere 2% – even with the transpacific windfall at the start of the year. Growth slowed through the year: from […]
This Week in Pricing > 10/20/18
This Week in Pricing is a collection of pricing focused news, thought leadership , events, jobs and professional education resources for pricers. This Edition is brought to you by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based methodologies in their […]
Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors. This Edition is brought to you by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption […]
Pricing Practitioners: Are you winning the data intelligence game? | Pricing Matters
PPS Fall Session to Showcase Intelligent Data-Driven Pricing Strategies Today, commercial pricing success demands new ways of managing data. Pricing organizations are tasked with managing increasingly large and complex data sets coming from diverse sources that change rapidly. As a result, there is a failure to operationalize pricing strategy over a long-term horizon. Pricing organizations […]
The Need for a NexGen CPQ Solution | Pricing Matters
Price optimization to unlock ROI potential The Configure-Price-Quote (CPQ) software market growth is exploding. According to Gartner, CPQ market revenue was approximately $878 million in 2016, with a 20% CAGR expected through 2020. However, CPQ is not new, and many organizations that have invested in CPQ solutions are failing to meet expected ROI. So, what’s […]
Trump Signs Law To Lower Drug Prices, Ends Gag Orders Against Pharmacists | The Western Journal
President Donald Trump signed a law that ends insurance companies’ pharmacist gag clauses in an effort to lower drug prices Wednesday. “If there’s anything bipartisan it’s lowering drug prices,” Trump said while signing the Patients’ Right To Know Drug Prices Act according to CBS News. Currently, insurers and pharmacy benefit managers use the gag clauses to “forbid […]
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