Methods
| Method | Description |
|---|---|
| Network Edges — Largest Pair Divergences | These pairs of products historically moved together but have recently started diverging (or converging) the most. A large change in correlation between two prices may indicate a shift in supply, demand, or quality premiums. |
| Monitored Pairs | Pre-configured pairs of products that are tracked for pricing relationship changes. These are pairs your team has specifically identified as important to watch — for example PB Fines vs Newman Fines, or SSF vs India Fines. |
| Cointegration — Long-term Equilibrium Deviations | These pairs share a long-term pricing equilibrium. Even though prices fluctuate day to day, they tend to revert to a stable relationship over time. The charts show whether the current spread between the two prices is unusually wide or narrow compared to history, and whether it appears to be reverting or breaking away. |
| Residual Outliers | These prices moved in a way that cannot be explained by general market trends. After removing the common market component, these series still showed unusually large moves — something specific to this product or port may have changed. |
| Network Nodes — Relationship Shifts | These products had the most relationship changes with other products recently. Their pricing patterns are shifting relative to the broader market — they are becoming more or less correlated with their usual peers. |
Network Edges — Largest Pair Divergences
Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily) vs MAC Fines - 60.5% Fe - Brand Price - Jingtang Port - BHP (Daily)
PB Lump - 62.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily) vs MAC Fines - 60.5% Fe - Brand Price - Caofeidian Port - BHP (Daily)
Indian Fines - 61% Fe - Brand Price - Fangchenggang Port (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
PB Fines - 61.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
Indian Fines - 57% Fe - Brand Price - Jiangyin Port (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
PB Fines - 61.5% Fe - Brand Price - Jiangyin Port - Rio Tinto (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
PB Fines - 61.5% Fe - Brand Price - Caofeidian Port - Rio Tinto (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
Indian Fines - 61% Fe - Brand Price - Jiangyin Port (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
Indian Fines - 57% Fe - Brand Price - Jingtang Port (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
Monitored Pairs
Indian Fines - 57% Fe - Brand Price - Jingtang Port (Daily)
Indian Fines - 61% Fe - Brand Price - Jingtang Port (Daily)
Indian Fines - 57% Fe - Brand Price - Jiangyin Port (Daily)
Indian Fines - 61% Fe - Brand Price - Jiangyin Port (Daily)
PB Fines - 61.5% Fe - Brand Price - Caofeidian Port - Rio Tinto (Daily)
PB Fines - 61.5% Fe - Brand Price - Jiangyin Port - Rio Tinto (Daily)
PB Lump - 62.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily)
Indian Fines - 61% Fe - Brand Price - Fangchenggang Port (Daily)
PB Fines - 61.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily)
PB Lump - 62.5% Fe - Brand Price - Caofeidian Port - Rio Tinto (Daily)
Cointegration — Long-term Equilibrium Deviations
Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily) vs MAC Fines - 60.5% Fe - Brand Price - Jingtang Port - BHP (Daily)
monitor derivedPB Lump - 62.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
monitor derivedNewman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily) vs MAC Fines - 60.5% Fe - Brand Price - Caofeidian Port - BHP (Daily)
monitor derivedIndian Fines - 61% Fe - Brand Price - Fangchenggang Port (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
monitor derivedPB Fines - 61.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
monitor derivedIndian Fines - 57% Fe - Brand Price - Jiangyin Port (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
monitor derivedPB Fines - 61.5% Fe - Brand Price - Jiangyin Port - Rio Tinto (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
monitor derivedPB Fines - 61.5% Fe - Brand Price - Caofeidian Port - Rio Tinto (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
monitor derivedIndian Fines - 61% Fe - Brand Price - Jiangyin Port (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
monitor derivedIndian Fines - 57% Fe - Brand Price - Jingtang Port (Daily) vs Newman Fines - 61.2% Fe - Brand Price - Caofeidian Port - BHP (Daily)
monitor derivedResidual Outliers
PB Fines - 61.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily)
PB Lump - 62.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily)
Indian Fines - 61% Fe - Brand Price - Fangchenggang Port (Daily)
Indian Fines - 57% Fe - Brand Price - Jiangyin Port (Daily)
Indian Fines - 57% Fe - Brand Price - Jingtang Port (Daily)
PB Fines - 61.5% Fe - Brand Price - Jiangyin Port - Rio Tinto (Daily)
PB Lump - 62.5% Fe - Brand Price - Jiangyin Port - Rio Tinto (Daily)
Indian Fines - 61% Fe - Brand Price - Jiangyin Port (Daily)
Super Special Fines - 56.5% Fe - Brand Price - Caofeidian Port - FMG (Daily)
PB Lump - 62.5% Fe - Brand Price - Caofeidian Port - Rio Tinto (Daily)
Network Nodes — Relationship Shifts
Indian Fines - 57% Fe - Brand Price - Jingtang Port (Daily)
Indian Fines - 61% Fe - Brand Price - Jingtang Port (Daily)
Indian Fines - 57% Fe - Brand Price - Jiangyin Port (Daily)
Indian Fines - 61% Fe - Brand Price - Jiangyin Port (Daily)
PB Fines - 61.5% Fe - Brand Price - Caofeidian Port - Rio Tinto (Daily)
PB Fines - 61.5% Fe - Brand Price - Jiangyin Port - Rio Tinto (Daily)
PB Lump - 62.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily)
Indian Fines - 61% Fe - Brand Price - Fangchenggang Port (Daily)
PB Fines - 61.5% Fe - Brand Price - Fangchenggang Port - Rio Tinto (Daily)
PB Lump - 62.5% Fe - Brand Price - Caofeidian Port - Rio Tinto (Daily)