Analysts

Expana Benchmark Prices get published on a twice daily, daily, twice weekly, weekly and monthly basis depending on the liquidity of the assessed markets.

The assessment will be available on our Expana Analytics platform the following day.

Expana is not involved in buying or selling commodities, and as such Expana does not benefit regardless of whether market prices go up or down. Therefore, Expana has no incentive to make assessments that do not reflect the true value of the market.

Expana confirms the price points it receives with sellers, buyers, and traders to give all sides of the market a chance to comment on price behaviour. Expana makes its data points available for review upon request and encourages people to contact us if they disagree with a price assessment.

As part of the price discovery process Expana market reporters will reach out to industry participants on a daily basis to collect price trends and market movements. People contacted by our team are buyers, sellers, traders, brokers and anyone else with relevant market information.

Expana welcomes price inputs from any industry participant that has relevant, non-speculative, information. Anyone wishing to participate in the EBP process can email us at [email protected].

Specially trained and experienced market reporters engage with the industry every day to identify price and demand/supply movements. Our market reporters speak to a wide range of industry participants ensuring a balanced discussion with the buy and sell side of the market. Price points obtained are cross checked to ensure validity.

Expana Benchmark Prices (EBP) are Expana’s proprietary prices and the bellwether product for understanding price movements in their respective markets. EBP are based on a robust and tested methodology that is freely available to read in our Methodology section. Price points are collected by our market reporters and every data point is verified to ensure that the Expana Benchmark Prices are accurate, reliable and transparent.

Yes, Expana’s commodity market intelligence is designed to cater to the needs of businesses of all sizes, from small and medium enterprises to large multinational corporations.

Yes, Expana offers integration options with other systems and software through APIs (Application Programming Interfaces), enabling seamless access to its data and insights within existing workflows.

Expana employs a rigorous validation process to ensure the accuracy and reliability of all its data. Expana is also the largest IOSCO assured Price Reporting Agency in the agrifood sector; you can find more information in our Methodology section

Yes, Expana provides forecasting services to help businesses anticipate future price movements and market trends, enabling them to plan and optimize their procurement and production strategies. Our Forecasting business is separated by an ethical wall from the Price Reporting business

Yes, Expana offers customized market analysis and insights tailored to the specific needs of its clients, including supply chain analysis, price forecasting, and market trend analysis.

At Expana, our price reporting is designed to support your business with accurate, transparent, and timely information. Here’s a non-exhaustive list of how it can benefit your operations:

1. Informed Decision-Making: By accessing real-time and historical price data, you can make well-informed decisions about buying, selling, and trading commodities. This helps you optimize your procurement strategies and enhance profitability.
2. Risk Management: Accurate price reporting allows you to identify market trends and anticipate price fluctuations, enabling you to mitigate risks and manage volatility effectively.
3. Competitive Advantage: With comprehensive market analysis and price transparency, you gain a deeper understanding of the competitive landscape. This empowers you to develop more effective strategies and stay ahead of your competitors.
4. Cost Efficiency: By leveraging our price points and associated market rationales, you can negotiate better deals and manage costs more efficiently, ultimately improving your bottom line.
5. Strategic Planning: Historical price data and market insights support long-term strategic planning, helping you anticipate trends and align your business goals with market opportunities.

For more details, please refer to our methodology section.

Price reporting involves the publication of prices for various commodities in different markets. Expana provides price reporting through its online platform, offering access to real-time and historical price data. See the section on price reporting.