World Price

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World Price

A price for a good or service in all countries other than one's own. The world price influences international trade. Barring any trade barriers, a country exports goods and services with local prices lower than the world price. On the other hand, it imports goods and services with higher local prices than the world price.
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Buyers were cautious due to the issuance of statuary release order (SRO) for duty free import of cotton while soaring world prices prevented sellers in the promise of a higher future rate.
As for inflation of regulated products, the absence of significant pressures on world prices of basic foodstuffs and energy would promote relaxation of the pace of growth of prices of this product group.
Liberalizing rice imports, assuming world prices are low, would result in the unhindered entry of cheap rice imports.
Summary: Kuwait's state oil firm said Wednesday it expects to restore full production within three days after workers ended a strike in a surprise about-turn that triggered a renewed slide in world prices.
Muscat, Feb 17 (ONA) World prices of basic food commodities declined 31 percent during the period from October 2014 until October 2015.
According to the statistics of the PTB, the world prices for FCV tobacco are indicated below: The above reveals that the best vintage tobacco grown in Pakistan sadly gets the lowest price in the world.
This cushions the effect of sudden rises in price, but it also means that it takes time for falls in world prices to come through.
I know that world prices have been tumbling and that power suppliers and fuel companies are passing on some of those savings to customers.
dairy costs are higher than world prices, signaling that imports will increase.
Inflation growth was caused by influence of abrupt growth of US dollar exchange rate against som on domestic prices and raise of world prices for some food products," the National Bank said.
2 halalas, based on the reduced price of fuel provided by the state, which is far less than fuel world prices.
He emphasized that it is important to increase productions and raise the prices in line with world prices, pointing out that popular pressures are mounting on the government to alert Yemen's gas prices in line with the world prices.

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