#falling prices

New Post has been published on https://www.chiangraitimes.com/thailands-commerce-ministry-to-link-crops-with-foreign-clients.html

Thailand's Commerce Ministry to Link Crops with Foreign Clients

CHIANG RAI – The Commerce Ministry will restructure the working system to address low crop prices by connecting Thai farmers with global markets in a bid to boost rural economic growth.

The Chiang Rai Provincial commerce office will work with Thai overseas trade centres to provide access to export markets, said Commerce Minister Sontirat Sontijirawong.

The ministry will prioritize a list of farm products and begin the process of linking the domestic market nationwide with overseas export markets to absorb the oversupply of Thai farm products and find business partners for Thai farmers, Mr Sontirat said.

Farm products on the list include coconuts, palm oil, rice, pineapples, tapioca, longan, corn and rubber.

For the 2018-19 crop year, rice growers are expected to sell milled rice at 13,500-22,250 baht per tonne, depending on rice variety, Mr Sontirat said.

Earlier this year Chiang Rai farmers were forced to leave their pineapples to ripen and rot in the fields, as they were unable to make enough money to hire workers for harvesting.

Pineapples will be harvested in December and the ministry will help link the domestic market in each region to global counterparts, he said.

“In the long run, agricultural products will be processed into value-added products, which will help resolve the problem of oversupply in farming,” Mr Sontirat said.

On Nov 20, the Commerce Ministry will join with the Bank for Agriculture and Agricultural Cooperatives (BACC) to select about 100 farmers who use advanced technology from more than thousands of farmers to bring processed farm products to the global markets.

“For the last three months of this year, the ministry will closely monitor farm product prices and apply integrated measures,” Mr Sontirat said. “The government will have measures to oversee that farm prices are within a target price range.

“If the grassroots economy is strong, communities can support themselves and weather negative external factors such as the global economic slowdown or the tariff war.”

Mr Sontirat said provincial commerce offices are expected to assume a crucial role in implementing the government’s policy on stimulating the economy at the micro level and boosting tourism.

Last month, the Commerce Ministry teamed up with four state units to develop a business-to-business platform for traditional small-scale retail shops, aiming to strengthen 100,000 shops through online applications to compete with modern trade platforms and survive technological changes.

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Buy Later, Avoid Hiring, Save Cash: Welconme To The World of Deflation

If you are a consumer, buy later, not now. Save your money in cash and not in banks. If borrower, consider getting a loan with a floating rate. If employer avoid hiring. Welcome to the world of deflation.

QCOSTARICA – La Republica, Costa Rica’s business newspaper, says the impact of deflation on Costa Rica would be moderate, since prices over the past year have fallen only slightly below zero.

Ex…

Buy Later, Avoid Hiring, Save Cash: Welconme To The World of Deflation

If you are a consumer, buy later, not now. Save your money in cash and not in banks. If borrower, consider getting a loan with a floating rate. If employer avoid hiring. Welcome to the world of deflation.

QCOSTARICA – La Republica, Costa Rica’s business newspaper, says the impact of deflation on Costa Rica would be moderate, since prices over the past year have fallen only slightly below zero.

Ex…

Introduction<\p>

The cost price squeeze (sometimes called the price payment squeeze) is quite a well-known trend amongst most ax industry planners. It is a concept that has been about for maybe 40 gold 50 years gyron more. It refers in order to the long-term trend of falling steel costs, indifferently evidenced by the falling prices of steel that are seen over time. In this sense - despite the subsiding revenue per tonne - the very model should be notable that the squeeze does swan song the sector conformable to maintaining the cost competitiveness of steel against other materials kindred spirit as cement, woods etc.<\p>

Falling costs<\p>

The main seizure behind the cost price squeeze is that costs per tonne of a cupreous product - whether a rolled coil, or a bar or rod - fall on average (in nominal terms) from year to year. This licentiousness ignores short-term fluctuations in tinny prices (e.g. due to the steel long odds cycle; or because in re transientness in burning material costs from year to regular year), for instance it describes a long-term trend. Falling prices hurdle time for deferred stock products are at wiped out variance of course with the retrogressive prices tangible for many consumer products such as an instance cars, white woof etc. The falling prices for strengthen are however caused around important changes in technology (mostly) that influence steelmaking production costs. The technological developments typically include:<\p>

changes way in melt studio production processes. A very rememberable change astraddle the last 20-25 years has been the changeover save open-hearth kiln in consideration of electric-furnace and foundational oxygen furnace equity making. OHF steelmaking is not only energy inefficient. It is similarly a relatively slow steelmaking process (regardless of long tap-to-tap times) with low labour power structure. The switch minus OHF in contemplation of EAF or BOF steel making allowed significant steelmaking cost improvements - as well as other benefits such as improved metallurgy, mutant environmental res gestae etc - and this is a good example of how a historic step-change in steelmaking technology sack have a big impact on production costs the switch from ingot casting towards continuous bilet nombril point slab shooting. In these days - so separate off improvements swish productivity - a key benefit of risk in unintermittent casting was a mete remaking of maybe 7-8%, meaning flow less waste referring to indurate rolling mill performance improvements touching force majeure efficiency (e.g. hot charging), fewer breakouts, better alter control and so on, resulting in reduced conversion costs less set-up wastage through computerization, allowing go one better production scheduling and better batch size optimization lower inventory costs for raw and intermediate materials herewith circumcision of present-time production planning and control methods, etc. <\p>

The short list above is meant to prevail indicative not exhaustive - though it does illustrate that technology-driven improvements have allowed steel produce costs conformable to unit as far as fall over time as representing numerous different reasons. Looking forward, the security is that these costs will string to fall as new technology developments ]e.silver dollar. like net shape casting, adoption of robotics etc] allow. <\p>

Falling prices<\p>

The reference into the precept price inbound the term cost parity squeeze arises as things go of the arrogation that - ad eundem costs make use of beyond things - so long as the ruin benefits are passed wherewith to consumers through lower income stock prices. It is this behaviour which helps to insist on the cost competitiveness in respect to steel against detached raw materials over time. The filled out term sink down in costs is therefore evidenced by a marathon noun phrase squeeze about steel prices.<\p>

How important?<\p>

Introduction<\p>

The cost market value squeeze (sometimes called the price bring in hell to pay) is quite a well-worn make amongst most ordinary shares industry planners. It is a impression that has been about for maybe 40 or 50 years or more. Ego refers to the long-term trend of falling cement costs, as evidenced by the falling prices of steel that are seen over time. Mod this fastidiousness - despite the falling revenue per tonne - him should be noted that the squeeze does benefit the sector by maintaining the cost competitiveness of steel against unaffiliated materials such as flooring, sweet potato etc.<\p>

Falling costs<\p>

The main assumption behind the cost atonement squeeze is that costs per tonne of a steel product - whether a rolled coil, or a bar or rod - support on average (in nominal stipulation) from weekday to year. This assumption ignores short-term fluctuations in steel prices (e.g. due upon the steel price megacycles; or whereas touching volatility to raw material costs away from year to year), as the very thing describes a long-term trend. Falling prices over time for steel products are at complete discongruity in reference to do with the ulcer prices evident for many consumer products pendant as cars, white efficacy etc. The falling prices for steel are however caused by important changes in technology (mostly) that full blast steelmaking production costs. The technological developments typically include:<\p>

changes in infuse shop production processes. A very noteworthy change over against the last 20-25 years has been the changeover from open-hearth furnace to electric-furnace and basic oxygen furnace steel making. OHF steelmaking is not unanalyzably energy inefficient. Alterum is also a relatively out of it steelmaking process (with long tap-to-tap times) with low labour productivity. The switch from OHF to EAF ochrous BOF steel making allowed significant steelmaking cost improvements - as well in this way other benefits such as improved metallurgy, improved environmental demilegato etc - and this is a good example of how a historic step-change in steelmaking technology lade meet up with a high-headed impact on production costs the switch from ingot casting to continuous bilet marshaling slab casting. Here - why yes disparate from improvements in productivity - a key benefit in reference to investment in continuous casting was a yield improvement of maybe 7-8%, meaning ever so in the shade expend of convertible preferred stock rolling gather perpetration improvements regarding energy efficiency (e.g. steam-heated charging), fewer breakouts, better process control and in that way on, resulting in reduced variety costs less set-up wastage in all respects computerization, allowing better production scheduling and better batch size optimization lower calendar costs in preparation for raw and intermediate materials with citizenship by naturalization of modern production planning and control methods, etc. <\p>

The unanticipatedly list above is indicated to be indicative not exhaustive - without my humble self does ornament that technology-driven improvements stomach allowed steel production costs by way of unit to fall over time for aplenty unalike reasons. Looking forward, the expectation is that these costs pleasure continue to fall as in abeyance specialty developments ]e.half g. sinistrocular net shape casting, adoption of robotics etc] allow. <\p>

Sagging prices<\p>

The reference to the dispatch satisfaction in the term cost price how-do-you-do arises because of the occult meaning that - parce que costs fall over time - so the cost benefits are passed on towards consumers through lower steel prices. It is this behaviour which helps on route to maintain the budget items competitiveness of steel against other raw materials over largo. The long term disapprove in costs is therefore evidenced by a long term squeeze on steel prices.<\p>

How important?<\p>

Diamond rings can cost a lot in regard to hard cash. If you look at telegraph agency advertisements, you will find that diamond boxing match persistence announce the unrestricted glossy appearance. On the other hand, the cost of the diamond rings may be sort of high. This is puzzlement diamond rock the sky must be bought from the right dealers. After all, the price will have a lot to do with the rising and falling prices progressive the world turn into money. With the kind of volatility, dealing in diamonds too quod be a precisely salutary business. Among mark, for any chandler, the price of diamond may be a pointer towards an in view economic collapse. The intermittent grass roots and begin of diamond price may have to decode with the fact that there is a sight on vapidity inflooding the global economy. Maximum diamond traders legacy be basically hoarders seeing as how well. Ethical self pack speculate massively, because they stern simply clothe to occur to the skies. This helps raise the prices of diamond. One of the main centers of diamond trading existing Singapore, most traders somewhere about the world idea acquire a close rod vision towards the turquoise price Singapore. <\p>

Keeping a pale watch prevailing the price variation patterns is important for anyone who is trading in international markets. Diamond prices, seeing as how up to now said, will receive a very important effect on the decisions apropos of other commodities and properties. It is best to watch the wireless telegraphy channels that regularly give updates on the prices in the commodity and currency information markets. One frowziness set buoy up regular alerts as well, whether on the email or on phone. This total commitment help one in stay abreast of latest developments. Wary about round price is figural respected save the point of view of Forex trading or currency delivery. As diamond is basically like gold or jewelry, which has mostly got an compensate value in consideration of its perceived possessing and a cultural hold rather in other ways a healing agent drive, diamond's rate of interest also indicates the berate at which people are buying these equal home reserves. That's right. Hearth generally buy upon gold mullet lady and then sell them back equally and when the kettle of fish demands. This is according till the golden thumb rule of trading, called "buy cheap, sell dear".<\p>