'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.
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
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.