Pricing pattern

Chemical Pricing Patterns, 3rd ed., SchneU, New York, 1971 (plus trade sources). 

Since the late 1960s, and more especially since 1973, when OPEC policies reversed fossil fuel pricing patterns that had virtually eliminated it as a major component of the Canadian energy economy, coal has not only regained substantial footholds in industrial fuel markets, but also attracted increasingly serious attention as a key resource from which, in future, more diverse energy demands could be met. 

In order to enhance production flexibility and to take advantage of different feedstock pricing patterns, chemical plants in some productive segments or product lines are designed to use a variety of alternative process inputs to produce a variety of products. Although economically attractive in a narrow production sense, such... 

The economic crisis of the early 1970s upset petroleum supply and price patterns throughout the world and led to an uncertain outlook for carbon precursor development. Nevertheless, promising concepts were emerging for a wider range of carbon products, including the idea that the bottom-of-the-barrel petroleum residues should not be viewed as a disposal problem but as a valuable source of heavy molecular species. 

Figure 8.1 Typical experience curves showing a stable cost-price pattern.

Typical experience curve showing unstable cost-price pattern. 

The cotton linters situation is likely to continue to follow its historical cyclical price pattern therefore, over the five-year forecast period it is not expected that either alternative topper pad material will gain a secure position relative to the other. 

Further research has produced a category of models that attempt to describe the jump feature of asset prices and interest rates. Observation of the markets confirms that many asset price patterns and interest rate changes do not move continuously from one price (rate) to another, but sometimes follow a series of jumps. A good example of a jump movement is when a central bank changes the base interest rate when this happens, the entire yield curve shifts to incorporate the effect of the new base rate. There is a considerable body of literature on the subject, and we only refer to a small number of texts here. 

Chart analysis uses graphs to identify historical price patterns and changes in mariret sentiment, which are then the basis of future price projections. These will also show structural features inherent in any series i.e. whether there are definite seasonal or cyclical patterns in the data. Three sets of futures market data are of crucial importance prices, trading volumes and levels of open-interest. Various chart formats are used by traders, all intended to isolate consistent and identifiable market trends. The most common are price-pattern recognition charts (using simple bar and line graphs etc). 

---