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 LevelsPeriod 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 -$2.71The market has been experiencing the high levels for the last six months and now got into the decreasing trend.