Best 10 Commodity Tools for 2024: Final List
Discover the top 10 commodity tools for 2023. Gain insights and the edge you need in the commodities market.
Your Source for Commodity Intelligence
Commodity Index
Product description
Product description
Vesper’s commodity index offers proprietary data and unbiased benchmarks, empowering you to make well-informed decisions. This unique combination amplifies your negotiation leverage and ensures market transparency. Utilise our index for actionable insights, rooted in exclusive data you won’t find elsewhere.
Pricing
Our pricing model is designed to suit your requirements, whether you’re a single or multi-commodity user. Pay only for what you need, including access to downloadable data, ensuring cost-effectiveness and flexibility.
Features
Experience the Vesper Price Index (VPI), a unique pricing benchmark with proprietary data, along with simplified Futures, a personalized Dashboard, AI-driven Outlook, integrated Calculations, unbiased market analyses, and on-the-go access with our Vesper App.
Navigate Market Complexity with Unbiased Commodity Benchmarks
Harness the power of Vesper’s commodity index, built on proprietary data and unbiased benchmarks. This cutting-edge tool levels the playing field, providing you with exclusive insights to bolster your negotiation capabilities. Benefit from unparalleled market transparency and make actionable decisions based on data you can trust.
Vesper Price Index (VPI)
Premium Features:
Today's Prices
|
Price Benchmarks
|
Price Forecasts
Raw Milk (FR)
320
0.00%
White Sugar (East-EU)
640
3.03%
White Sugar (West-EU)
665
0.75%
Gouda (EU)
3,800
0.78%
Butter (EU)
5,850
1.21%
Palm Stearin, RBD (MY)
824.77
3.74%
Sunflower Oil, Crude Organic (West-EU)
1,075
14.36%
SMP, Food (US)
2,286.508
3.40%
Palm Oil, Crude (MY)
782.324
3.95%
Soybean Oil (BR)
946.041
1.50%
Shown in:
- EUR
- MT
Vesper Price Index
Exchange rate:
EUR/USD:
1,07
“By utilising Vesper’s Commodity Price Index, Oleofinos increases its negotiation power and lowers its purchasing costs.”
Oleofinos Ricardo Arellano, Risk Manager
Transparency
unbiased insights
Up-to-Date
Real-time prices
All in one place
Only at Vesper
Tap into an Uninterrupted, Organised Stream of Price Points
Beyond our invaluable commodity index, tap into an unceasing, organised stream of pricing information. Covering over 20 key commodities and 1,900 distinct products, seize the opportunity to make savvy buying, selling, or trading choices. Don’t just follow the market—master it.
Your Data Epicentre
150+
Data Sources
4500+
Price Series
85
Countries Covered
More about Vesper:
Your Essential Online Resource for Mastering the Commodities Market
Struggling with the unpredictability of the commodities landscape? Look no further for guidance. From dairy and cacao to packaging materials, get unparalleled insights into real-time market prices. It’s more than just figures; it’s critical context to understand patterns and forecast trends. Utilise this indispensable tool to make knowledgeable decisions effortlessly.
Steer Through Commodity Market Intricacies with Confidence
Elevate your business operations—whether in agriculture, FMCG, pharmaceuticals, retail, or wholesale—by leveraging Vesper’s comprehensive commodity intelligence. Benefit from real-time and historical data, actionable forecasts, and incisive market analyses. Don’t merely cope with fluctuating commodity markets; command them with Vesper’s data-driven insights that maximise profits and minimise risks.
Navigate the Complex World of Commodity Markets
Discover a curated hub of actionable commodity intelligence tailored to your needs. From dairy and sugar to specialized categories like herbs and packaging, Vesper’s Overview Page is your one-stop resource. Whether a food manufacturer or distributor, find the data and analysis that matter to you. Go beyond the basics; delve into commodities intelligently.
Also Explore:
Learn More About Commodities
A deep dive into 3 key factors shaping commodity prices today
Dive into the 3 pivotal factors shaping commodity prices today: supply-demand balance, trade dynamics, and weather patterns.
Frequently Asked Questions
What is a Commodity Index?
A commodity index is a financial benchmark that aggregates the price performance of a range of commodities. It provides a consolidated overview of market trends and serves as a standard for pricing contracts.
What Purpose Does a Commodity Index Serve?
The primary purpose of a commodity index is to act as a pricing benchmark for various commodities. It helps businesses, traders, and industry professionals make informed decisions related to pricing and procurement.
Is a Commodity Price Index a Reliable Benchmark?
A well-constructed commodity index offers a reliable benchmark for pricing commodities, although it’s important to note that commodities can be subject to volatility due to various external factors. Therefore, the index should be one component in a broader strategy for managing commodity risk.
What Sets Vesper's Commodity Index Apart?
Vesper’s commodity Pricing index is built on proprietary data and unbiased benchmarks, offering unparalleled market transparency and actionable insights to boost your negotiation power.
How Often is Vesper's Commodity Index Updated?
Our index is updated on a weekly basis, providing you with the most up-to-date information to make smart buying, selling, or trading decisions.
How Can I Access Vesper's Commodity Index?
You can easily access our commodity index via Vesper’s online platform, which offers various subscription plans tailored to meet your specific needs.
Discover the index without commitment by creating a 14-day free trial.
Quick Chat
- Chat with us via Whatsapp
- Get quick answers
- +31 6 43 21 20 19
Send an email
- Communicate via email
- Get quick answers
- Support@vespertool.com
What are people saying about us?
Dive into real-life success stories and learn how Vesper is transforming the industry.
★★★★★ 4.3/5
“Every week, I look at the Vesper Price Index (VPI), and I can observe if we’re still aligned with the market or if we have to change anything in our pricing strategy.”
Kristian Kabel
Head of Sales at
Lactoprot Germany
★★★★★ 4/5
“Vesper is an excellent benchmark for buyers to double-check whether the quotes they get represent the market.”
Yue Li
Market Intelligence Manager at
Danone
★★★★★ 4.5/5
“Vesper really changed the marketplace by providing a one-stop-shop hub of information.”
Dale Mills Jr.
Vice President of Sales at
Dairy Farmers of America
★★★★★ 4.5/5
“Once you start using Vesper on a daily/weekly basis, then you can really see the value that it brings to the point where you start canceling all of your other subscriptions and just focus on having Vesper as your homepage.”
Huey van Vliet
Sales Manager at
Fonterra Europe
★★★★★ 4/5
“Because dairy prices fluctuate, understanding the data and making smart decisions has become tricky. By providing transparent data, Vesper helps me improve my negotiation skills and increase our company’s margins.”
Kiruba Tinakararajan
Business Development Manager at
Uno Nutrition
★★★★★ 4.5/5
“I like the user-friendliness and the ability to see all the relevant market data and forecasts in a simple dashboard.”
Huey van Vliet
Sales Manager at
Fonterra Europe
★★★★★ 4/5
“I compare my purchasing budget with the latest prices displayed in the Forward VPI to make the best hedging decisions.”
Ricardo Arellano
Risk Manager at
Oleofinos
★★★★★ 5/5
“Vesper enhances our understanding of the EU and Oceania, filling any knowledge gaps and providing insights.”
Dale Mills
Jr. VP of Sales at
DFA