Ford bundle tender result reveals price decrease
The prices submitted to the most recent bundle tender held by Ford Factory for shipment in October are seen in a decreasing trend. The prices quoted decrease by an average of $2.71/lt. Furthermore, a similar price decrease of appoximately $3.00/lt on average has been experienced in the Chrysler's bundle tender results.
Ford Factory Bundle Price Levels
Period Shipment Average Price Change From Prior Month
April,2001 May,2001 $ 96.34 +$3.00
May June $100.20 +$3.86
June July $106.00 +$5.80
July August $113.33 +$7.33
August September $116.16 +$2.88
September October $116.50 +$0.34
October November $108.54 -$7.96
November December $ 86.68 -$21.86
December January,2002 $ 86.45 -$0.23
January,2002 February $ 93.45 +$7.00
February March $ 91.50 -$1.95
March April $103.50 +$12.00
April May $113.75 +$10.25
May June $122.00 +$8.25
June July $130.02 +$8.02
July August $136.27 +$6.25
August September $141.27 +$5.00
September October $138.56 -$2.71
The market has been experiencing the high levels for the last six months and now got into the decreasing trend.