Company services

Budget, expected cost and risk by exposure

Budget cost = quantity × budget price. Stressed cost = expected cost + Cost-at-Risk (95%).

Purchase exposures

Cost-at-Risk: the extra cost above the expected cost that is exceeded in 5% of scenarios by the purchase date. Computed on the latest stored prices; base-metal prices are monthly series and lag by about 3 months. Scenarios, not a forecast.

Alerts