Alexandra Laurent Expert – Commodities Branch, Infocomm program Trade Information Seminar, Methods...

Alexandra LaurentExpert – Commodities Branch, Infocomm program

Trade Information Seminar, Methods and Resources for the Management of Trade Information Services: November 27th 2006

MARKET INFORMATION : MARKET INFORMATION : FindingsFindings

Asymmetry of market information in the commodities areaAsymmetry of market information in the commodities area

Need to implement an analytical tool to enable interested stakeholders to

assess the changes in market structures and adjust their policies in a

dynamic ways as well as enhance their competitiveness,

1. Sources of market information are dispersed and not always well organized,

2. Governments and other stakeholders are facing with various market

information flows (in electronic format, in particular) – not always checked.

Contents

I. INFOCOMM

II. INFOSHARE

III. To keep in mind

INFOCOMMINFOCOMMMarket Information in the Commodities Area - www.unctad.org/infocomm

4 entries per commodity group: • Agricultural products, • Minerals, ores & metals,• Energy, • Tropical beverages.

Final coverage: About 40 commodities in 3 languages (English, French and Spanish)

Beneficiaries: • Various stakeholders (POs, traders, exporters, processors, etc.)• Governments, • Academia.


• Jute,

• Shea nuts,

• Nickel,

• Palladium,

• Platinum,

• Spices,

• Rice,

• Sugar,

•Tobacco,

• Tea,

• Cotton,

• Natural gas,

• Petroleum,

• Zinc.

• Citrus fruits,

• Cashew nuts,

• Bananas,

• Timber,

• Cocoa,

• Iron ore/steel,

• Wheat,

• Olive oil,

Profiles available and updated in Profiles available and updated in December 2006December 2006

Profiles to be posted Profiles to be posted in the coming weeksin the coming weeks

• Rubber,

• Copper,

• Coffee.


• Ten harmonized entries covering all aspects and fundamentals of commodity market, • Market information, friendly tables and diagrams, interactive maps.

Partnership Market report

LANGUAGE


Example of diagram available on Infocomm Monthly market report: COTTON

(Production, consumption, exports, imports, inventories: latest forecasts latest forecasts

and story behind the figures).and story behind the figures).

Parallel movements in cotton prices (Cotlook A-Index, US cents/lb) and net exports from China

2004 : International year for rice.

Infocomm took this opportunity to launch its first partnership.

In this context, Infocomm publishes, on a monthly basis and for free, a market report on rice (in English, French and Spanish).

Partnership on cotton(ICAC)

Partnership on citrus

fruits(Fruits trop.)

Partnership on banana

(Fruits trop.)

20052004

Partnership on tropical timber

(ITTO)

2006


Objectives for 2007/08

• Updating commodity profiles already available on-line ;

• Enlargement of the range of commodities available on Infocomm ;

• Implementation of new partnerships to enhance market transparency ;

• Market intelligence and Capacity building, especially for partners ;

• A special emphasis on new electronic tools such as Infoshare (a sharing database implemented within the framework of Infocomm) or other instruments of market analysis (CD on cocoa).


Contents

I. INFOCOMM

II. INFOSHARE


A tool which enables partners to collect information on: A tool which enables partners to collect information on:

1. Prices (prices paid to producers, export prices, import

prices, futures prices, auction prices, local market prices,

etc.),

2. Costs (inputs, domestic transportation, storage, inspection,

licence fees, etc.),

3. Quantities sold by grade,

4. Various quality standards,

5. List of exporters,

6. Interest rates in the marketing chain,

7. Other specific data.

INFOSHAREINFOSHARETo collect, analyse and disseminate market information

1. Tailor-made database,

2. Facilitation of the data collection and entry,

3. Ease the analysis and interpretation of the data,

4. Ease the dissemination of the data,

5. Information more reliable and based on market

conditions.


A tailor-made databaseA tailor-made database

InfoshareInfoshare selected as one of the « 10 stories the world should hear selected as one of the « 10 stories the world should hear more about » by the United Nations in 2005more about » by the United Nations in 2005


Following the first steps initiated in 2005 with Cameroonian authorities (ONCC), the pilot modified according to domestic conditions version has been launched on November 7th 2006.

Contents

I. INFOCOMM

II. INFOSHARE


1. Information should be available to all stakeholders,

2. Equal access to market information among stakeholders Market

transparency enhanced better bargaining power for small actors

Agreement more easily reached and more satisfying,

3. Needs to access market information are even more important and

more difficult especially in a liberalized environment where prices are

fluctuating and in the context of specific market conditions

(monopsony, oligopsony).

INFOCOMM / INFOSHAREINFOCOMM / INFOSHARETo keep in mind

To have access to market information is crucial to stakeholders and especially to small producers.

INFOCOMM / INFOSHAREINFOCOMM / INFOSHAREThe final objective


ContactsContacts(About Infocomm e-portal)Alexandra [email protected]

(About Infoshare sharing database)Olivier [email protected]

(Market concentration & competition)Irene Musselli [email protected]

(General requests)[email protected]

Alexandra Laurent Expert – Commodities Branch, Infocomm program Trade Information Seminar, Methods...

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