Meanwhile, PEMC shall remain as the governing body of the spot market
with its board of directors composed of participant representatives and independent members.
At this phase, the prevailing market operator noted that "the IMO will be incorporated as a non-profit entity which is independent of the government and industry participants," while PEMC "shall remain as the governing body of the spot market
with board of directors composed of participant-representatives and independent members.
Currently, Meralco gets 44 percent of its supply through PSAs, 44 percent from IPPs, and 12 percent from the spot market
They have also conducted an orientation to the stakeholders for the transition arrangement since the latter need to be fully equipped before they can be part of the spot market
Under the new rules, power producers would be allowed to sell spare capacity on the spot market
and receive prices determined on a day-to-day basis in accordance with specified market rules, the statement added.
Adnoc will likely continue to offer 10 ppm sulphur diesel in the spot market
for next year, with the cargoes now fully meeting European specifications, the source added.
In 2011, there was a rapid increase in the amount of Qatari LNG exports sold on the spot market
to around 28 percent of production, up from 9 percent in 2010.
In addition to carcass merit buying, the move to larger and leaner hogs is closely linked to the use of marketing contracts that more precisely send signals of preferred traits from consumers to producers than do spot market
transactions (Martinez and Zering, 2004).
Nozari said Iran's spot market
sales have been running at 10 percent to 12 percent of the country's exports, which would amount to 250,000 to 300,000 barrels a day.
But the spot market
price for this grade this week has been slightly lower than that.
Ultimately, the widgets would be sold in the spot market
in December, when the widget futures contract would be liquidated.
But it's true that a sort of blind faith in markets--academic blind faith in the spot market
, to be more precise--helped turn the lights out in California.