FWD partner: Supporting members to win

We catch up with Expana to see how its data and market intelligence is helping members to make informed decisions and boost their profits

Previously known as Mintec, the business has rebranded as Expana to reflect its growth as the world’s leading agrifood-focused price reporting agency and global information provider.

With more than 200 years of combined heritage, Expana provides unbiased pricing data and market intelligence to help the food industry optimise profitability, control costs and strengthen supplier relationships. Expana’s insights help businesses navigate price fluctuations, manage supplier negotiations and make informed commercial decisions.

Read on to find out how FWD members can benefit.

1. Identify raw materials costs to maximise margins

Expana’s extensive commodity price database helps businesses buy, sell and negotiate with confidence. Its benchmark pricing, Expana Benchmark Prices, is compiled using a rigorous methodology and independently audited, offering a unique and trusted source of pricing data.

• 30,000+ price series covering key food commodities.
• Customisable dashboards to track the data that matters to you.
• Real-time alerts and reports on price drivers and market trends, plus proprietary weather analysis.

2. Improve cost control with better price visibility

Understanding cost structures is crucial for managing supplier pricing and optimising margins. Expana’s cost models help businesses assess how changing raw material costs impact final product prices.

• Compare supplier prices against market benchmarks to ensure fair pricing.
• Identify cost drivers affecting your procurement and pricing strategies.
• Enhance transparency with data-backed justifications for price adjustments.

By tracking cost components, businesses can remain competitive.

3. Plan ahead with price forecasts

Expana’s forecasting service provides forward-looking price insights, helping businesses anticipate cost changes and adjust strategies accordingly.

• 1,000+ commodity price forecasts for smarter planning.
• Predict costs up to 18 months in advance to mitigate risks.
• Break down price components to understand cost fluctuations.

To explore Expana’s data firsthand, get in touch today to book a demo at expanamarkets.com