Price reporting agency

A price reporting agency (PRA) is a privately owned publisher and information provider that reports commodity prices in physical and derivative commodity markets in order to provide an informed assessment of commodity price levels at distinct points in time. PRAs may also provide services such as news, analysis, consulting, data analytics, and conferencing.

There are over 100 price reporting agencies, of which the largest are S&P Global Platts, Argus Media, OPIS (part of Dow Jones), ICIS (part of RELX), and FastMarkets.

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