Articles on: Primary Commodity Prices

Understanding Intratec's Price Data

Understanding Intratec's Price Data

The price data presented in Intratec products are based on vast amounts of official foreign trade statistics.

More specifically, Intratec prices reflect monthly averages of the prices at which international trade transactions were effectively closed (as reported by countries custom authorities), weighted by the transaction volume.

Such official foreign trade statistics used by Intratec are automatically extracted and processed, by means of machine learning and artificial intelligence.

All data pulled together is thoroughly double checked by Intratec analysts, so that reliable price series are produced.

Learn more how we use official foreign trade statistics. You may also check here how we use machine learning and artificial intelligence.

Updated on: 02/28/2023