Open AccessSome Aspects of Price Formation in the Metal Market
Author(s) -
М Г Тиндова,
И. М. Кублин
Publication year - 2021
Publication title -
voprosy sovremennoj nauki i praktiki. universitet im. v.i. vernadskogo
Language(s) - English
Resource type - Journals
eISSN - 2541-853X
pISSN - 1990-9047
DOI - 10.17277/voprosy.2021.03.pp.050-059
Subject(s) - key (lock) , market analysis , market price , pricing strategies , market development , industrial organization , computer science , economics , business , microeconomics , operations research , marketing , engineering , market economy , computer security
The analysis of existing methods of pricing is carried out, the key advantages and disadvantages of each approach are identified, and conclusions are presented regarding the study of the problem of forming the cost of aluminum in the market. Trends in the development of the aluminum market in modern economic relations are analyzed using mathematical methods and directions of development, as well as possible solutions. A systematic approach to the analysis of the problems of pricing for aluminum in the world, taking into account the market conditions, is presented. The key approaches to pricing have been identified, which, together with the results of a comprehensive analysis, make it possible to determine the criteria for setting prices and assess the possibility of applying pricing methods in the global aluminum market.