Finance

How is the data in Expana sourced and verified?

Expana sources data from trusted providers, exchanges, and industry experts, and employs rigorous validation processes to ensure data accuracy and reliability.

Is my data secure with Expana?

Yes, Expana prioritizes data security and confidentiality, employing industry-standard encryption protocols and robust security measures to protect customer data.

What types of commodities does Expana cover?

Expana covers a wide range of commodities ranging from grains, oilseeds, dairy, meat, and soft commodities like cocoa, coffee, and sugar, to non-agricultural commodities like metals and energy.

How often is Expana’s commodity market data updated?

Expana updates its commodity market data up to several times a day, but this is depending on the frequency of price movements and market dynamics.

What is price reporting and how does Expana provide it?

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.

How does Expana’s price reporting benefit businesses?

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:

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.
Risk Management: Accurate price reporting allows you to identify market trends and anticipate price fluctuations, enabling you to mitigate risks and manage volatility effectively.
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.
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.
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.

Can Expana provide customized market analysis and insights?

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.

Does Expana offer forecasting services?

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

How does Expana ensure the accuracy and reliability of its data?

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

Can Expana’s services be integrated with other systems or software?

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.

Is Expana’s commodity market intelligence suitable for businesses of all sizes?

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.

What are Expana benchmark prices?

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.

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