Jose Layug Jr NREB chair, said the draft rules for the renewable energy market mechanism
are expected to be finished by the yearend.
The potential buyers remained busy in hedging as they were maintaining the market mechanism
He said the 50 kilo sac of sugar is now standing at 445 SDG for kinana produce and 435 SDG for Genaid produce against 100 SDG a kilo for the 10kilo sac He said this increase is phenomenal compared to the general prices saying this increase was due to the market mechanism
approach adopted by the company with regards to the price of sugar But he said he expects the prices to go down by the end of current month of Ramadan, as sugar consumption would go down as well.
However, new products would bring down medicine prices because of free market mechanism
We made a decision about medium-term pricing policy last year and this was the first step to create competitive environment and to launch a market mechanism
in energy sector," Sariyev said.
1, were supposed to address, including a 20 percent reduction in private passenger auto premiums and an end to the JUA, New Jersey's residual auto market mechanism
He has proposed an adequate gas market mechanism
in Turkey, combining spot and futures trading facilities, needed for itself and for convergence with the EU's spot market mechanism
- more so if and when the ICE in London has developed natural gas futures trading as in New York.
Ijaz Khokhar, Chief Coordinator and Former Chairman of PRGMEA, said while the country was facing shortage of cotton yarn, APTMA rejected the value-added textile industry's plea of banning yarn exports, saying it would be intervention of free market mechanism
Going forward, the European Commission will need to work on more structural measures to turn the market mechanism
into a success as tool to reduce GHG emissions in the EU effectively.
The market mechanism
developed and evolved over millennia from hunter-gatherer tribes through barter to voluntary and beneficial exchange of goods.
The immediate significance of this is the confidence in the market that the solar energy industry could sustain itself through market mechanism
and not necessarily only through subsidies and feed-in tariffs.
That is why, he added, APTMA has never supported intervention to free market mechanism
even in worst circumstances and opposed always a ban on cotton export.