The price evaluation is based on the actual transaction situation of the market and related information. It is a process of scientific and objective analysis and evaluation in order to truly reflect the market price to a certain extent. The price evaluation can reduce the transaction costs and avoid market risks for the parties to the transaction. The price evaluation of a certain commodity is an accurate, objective and timely price reference provided by a third-party agency.
Valuation methodology is a methodology that focuses on the valuation of specific commodities. The methodology clearly states the basic concepts, physical indicators and other relevant information of the commodity. At the same time, based on a deep understanding of the commodity price formation mechanism and driving factors, it will affect the price of the commodity. The data types and methods of specifications, delivery deadlines and methods, payment conditions and other factors to be collected are regulated in the methodology.