Price Catalogue

Nov 29, 2023 - Rotterdam, The Netherlands

The ‘Price Catalogue’ is a comprehensive tool that enables users to store and model current and historical market prices. It provides detailed information about the prices at which commodities are bought and sold in different markets and locations.

Commodity producers and traders use the Price Catalogue to stay informed about market trends, monitor price fluctuations, and make informed decisions about buying, selling, and hedging their positions. The catalogue serves as an essential reference for assessing market conditions, negotiating contracts, and developing pricing strategies in the dynamic and volatile commodity markets.

Most appreciated advantages of Price Catalogue

Reliable, consistent and robust price repository for current, historical and forward prices
Better decision making thanks to accurate and timely reporting
Productivity through automation (avoid big Excel manipulation)
Minimize conflicting intra-company trade values by alignment between stakeholders
Ready to use data for whole book valuations, and risk management purposes such as Mark-to-Market, Value-at-Risk, Option Valuation, Stress Testing and Counterparty Risk
Price Discovery enabled by an independent, evidenced view of market reference prices
Improved hedge effectiveness through knowledge of price movements
Part of reported P&L Profitability projection
Advanced analytics through historical prices to e.g. analyze correlations between prices curves (fi futures vs premium prices) or intra crop spread developments

Key Components of Price Catalogue

Ability to ingest from a multitude of data sources in various formats, both internal and external
Handling all data in regards to security, quality, normalization
Detection and reports on outliers, missing forward periods and required prices
Price curve builder to set-up and calculate composite price curves for multi-dimensional use, including validation processes
Monitoring price quality to ensure completeness and one source of truth
Full audit trail to understand who did what and when
Adding in the commodity specifics for handling characteristics, building composites, applying prices to the functions such as MtM and VaR
Complete overview of both financial and physical prices, loaded daily, intraday or real-time
Trade arbitrage – relative market value, including transport/quality differentials
Price categories included: cash commodity prices, futures, traded options, forex pairs, non-commodity cash prices, non-commodity differentials, 2^nd tier commodities, transportation/freight, energy
Dealing with futures contract rolls, Gap-fill, non-uniform pricing periods, Pricing across crop years
Logging constructed prices versus raw prices
Forward curve analytics
Comparing seasonal patterns
Historical price development
Insights on how a price is constructed in case of a composite
Being able to convert prices into different currencies and unit of measures
Ability to distribute market prices in a variety of formats

What do our clients say?

Operational efficiency boost

By building and implementing one robust information environment for the entire organization the operational efficiency increased substantially.

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Have a question?

Feel free to contact us at info@radarradar.com