In addition , the Price Management Department actively co-ordinates closely with ministries and branches in developing and promulgating legal documents to convert methods from fee to service
price mechanism according to regulations.
'We are focusing on to build better
price mechanism with much improved tobacco yield by capacity building of farmers through imparting training' he further added.
Therefore, according to the CPC Floating Oil
Price Mechanism, it is expected that from midnight on the Monday, May 14, the retail price of each type of gasoline and diesel fuel in the country will increase by NT$0.50 per liter.
The effect of a TOU
price mechanism has been evaluated.
The most favored option of the Coal Ministry was the "pooled
price mechanism" under which CIL would import coal, blend it with domestic coal and supply to thermal power plants at an averaged price, the official said.
It served as the foundation for the price theory revolution and also served as a basic introduction to the ideas of supply, demand and distribution as well as an analysis of the
price mechanism in market organization.
"We have discussed how we could increase our imports to 20 billion cubic meters and the
price mechanism needed for that," Yildiz said.
The Egyptian Stock Exchange (EGX) will implement a new closing
price mechanism on Thursday.
Elaborating on the new
price mechanism, he said that if a consumer uses electricity during peak hours (say between 1 pm and 5 pm), the tariff will be more and vice-versa.
"Market-based pricing mechanism may include an auction, or any other market-based
price mechanism," he added.
Asked if the party would want the government to revisit the controversial administered
price mechanism policy or decontrol prices, Tewari said: " Inflation is an issue of concern.
Though speaking disapprovingly of the increase in petrol prices by Rs5 in a month, the party remained non-committal on whether the policy of administered
price mechanism needs a re-look.
