In December 2017, the price of a 30-foot section of steel rod went up 7.4% and a foot of electric cable increased by 6.7% compared to the same month in 2016.
From a report compiled by the General Comptroller of the Republic:
In December 2017, compared to the same period of 2016, the IPs that showed increases were: galvanized corrugated Zinc No.
In 2012/2013 1,751 hectares were planted but in 2014/2015 the figure was only 1,504, due to the incidence of drought, high production costs and falling international prices.
An article on Prensa.com reports that "... Diomedes Carrasco, producer in the area of La Chorrera, says a lot of farmers have stopped harvesting and exporting due to high production costs and low international prices"...
In June prices of sugar and dairy products fell sharply, meat remained stable, while cereals and oils showed improvement.
The FAO Food Price Index* averaged 165.1 points in June 2015, down 1.5 points (0.9 percent) from the previous month and almost 44 points (21.0 percent) down from June 2014. Price movements diverged across the various markets, with sugar and milk products incurring pronounced falls, while cereals and oils prices firmed somewhat. Meat prices were stable. Except for a lull in October 2014, the overall food price index has declined every month since April 2014.
Costa Rica and Honduras are the countries with the highest rates as of July 27th, 2014 for red beans, costing $2,133 and $1,695 a metric ton, respectively.
The shortage of beans has raised prices across the region and all countries have been forced to authorize emergency imports in order to supply markets.
After Costa Rica and Honduras, as reported by the Agricultural Council (CAC) "...Guatemala is in third place, with $1,615 a metric ton (MT) and then Nicaragua with $1,609.35. The lowest prices were quoted in late May in El Salvador, with U.S. $1413.04 MT.
Segmenting prices, packaging the product and making the most of when the value is greater than any competitor, are examples of good practices in setting prices during occasions such as the World Cup.
Three World Cup lessons on prices
The World Cup in Brazil provides valuable lessons for price management for companies. Here are three key lessons for those who aspire to make their company the Lionel Messi of prices.
Companies should be encouraged to be politically incorrect in order to take control of their prices, expressing and practicing concepts which are difficult to express.
By Ariel Baños
President and founder of FIJACIONDEPRECIOS.COM
"Out of the closet": what no one dares to confess about prices
Companies should be encouraged to be politically incorrect in order to take control of their prices.
The rise in coffee futures corresponds to expectations of lower production in Brazil and increased demand in the U.S., China and Europe.
From a report by Anacafé at the end of April 9th, 2014:
Coffee prices in "C" contracts closed at higher prices. The prices behaved in a volatile fashion. Liquidations in May contracts and transfers of positions to months further off, caused the initial decline.
The New York Stock Exchange reported the highest price of the aromatic in the last two years, up $13 per quintal compared to the previous day, reaching $193.
The rise in the international price of coffee is acting as a counterweight to the crisis in the sector in Central America. The severe drought that has attacked crops in Brazil is the cause of this increase.
A request by sugar mills to equate the prices of energy produced from bagasse with that generated by coal has been rejected.
Guatemala's sugar mills asked that within their cost methodology from May 1st 2014 to April 30th 2015 for biomass generation to be indexed to the price of Puerto Bolivar coal (Colombia). However, the National Energy Commission (CNEE) rejected the request.
The 72% increase in the price of the grain from November to date now offsets costs in El Salvador.
A rebound in coffee prices in recent months now allows coffee producers to cover production costs.
From a press release issued by the Salvadoran Coffee Council:
The Salvadoran Coffee Council, in light of rising prices for Arabica coffee futures contracts in May 2014, reacted with optimism urging producers to be vigilant and manage their business dealings properly considering that prices now exceed production costs.
The center-right presidential candidate in Costa Rica says he would mantain the extension on the liberation of rice prices.
The presidential candidate of the Citizen Action Party, Luis Guillermo Solis said that a new government would keep the six month extension that has been ordered on the liberation of the price of rice.
"... The Executive deferred the measure until 1 March 2015 after talking with the sector.
Guatemala and El Salvador continue to offer better prices to Nicaraguan producers than those offered by local slaughterhouses.
Livestock farmers and industrialists have yet to reach an agreement on the purchase prices of cattle for slaughter, which has meant that producers prefer to export live cattle to other countries where better prices are offered, in particular, Guatemala and El Salvador.
The drought in Brazil, the country which exports almost half of the world's sugar, caused prices of the grain on the international market to rise to $444 a ton.
The drought in Brazil led to an increase in the international price of sugar. The South American country exports almost half of the grain in the world.
The lack of rain also caused an increase in the international price of coffee.
The dry weather in Brazil drove up the price of arabica coffee by 23% in a week, but the upward trend is not expected to last.
On Tuesday coffee prices reached their highest levels in several months caused by dry weather in Brazil, the largest producer and exporter in the world, which could affect the next crop.
"The price of Arabica increased by 23% in a week and 36% since last November, when it reached its lowest price in seven years (100.95 cents per pound)."
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