Market Data for Corporate Decisions in Mineral Industries

Market data commonly perceived as being useful to industry for decision making include prices, production and trade quantities, production and transportation costs, stocks, customer's needs, and competitor's qualifications. Costs and factors affecting costs are particularly important in determining competitive positions and possible future prices. These costs include relative cost of production as well as cost experienced by the buyer in making the final product. Care must be taken to calculate costs in a consistent manner to achieve meaningful analyses.