Glossary of Terms
Alphabetical reference of terms used throughout Intratec's Industry Economics & Competitiveness (IIE) methodology.
| Term | Definition |
|---|---|
| Assessment | Intratec's published value for a price or cost, produced by its methodology. |
| Assessment basis | The specification a value refers to: location, grade/quality, and delivery terms. |
| CAPEX (Capital expenditures) | The investment cost of building or expanding a plant. |
| Capital investment | Total capital required to bring a plant into operation. |
| Cash cost | The recurring out-of-pocket operating cost, excluding capital recovery. |
| cfr (Cost and Freight) | An Incoterm: price includes cost and freight to the destination port, excluding insurance. |
| cif (Cost, Insurance and Freight) | An Incoterm: price includes cost, insurance, and freight to the destination port. |
| Commodity family | One of the seven industry groups the IIE covers (e.g. Polymers, Fertilizers). |
| Compiled price | A price built from validated public-source series, cleaned of anomalies and averaged over the month. |
| Contract price | A price for supply under contract terms, as opposed to spot. |
| ddp (Delivered Duty Paid) | An Incoterm: the seller delivers goods cleared for import, with all costs and duties paid. |
| Final (Fi) | Data status label for verified official statistics. |
| Forecast (F) | Data status label for a forward-looking model prediction. |
| Foundation pillar | One of the 8 base pillars applied to every commodity family. |
| Industry-Specific pillar | One of the 6 pillars evaluated separately per commodity family. |
| ISBL (Inside Battery Limits) | The core process units of a plant. |
| Location factor | A multiplier for relative plant construction cost between countries (reference = 1.00). |
| Netback | A value at the loading terminal, derived by subtracting freight from a destination price. |
| Netforward | A value at the destination terminal, derived by adding freight to a loading price. |
| Normalization | Aligning values to a common basis so figures are comparable. |
| OSBL (Outside Battery Limits) | Supporting infrastructure of a plant (utilities, storage, offsites). |
| Pillar | One dimension of competitiveness, scored 0–100. |
| Preliminary (P) | Data status label for a model estimate used while official data is unavailable. |
| Productivity-adjusted | A cost weighed against output per worker (most efficient = 1.0×). |
| Rank | A country's position from 1 (most competitive) to 33 (least) within the benchmarking set. |
| Reference dataset | An absolute-value dataset provided alongside the 0–100 scores. |
| Score | A 0–100 value summarizing competitiveness; 50 = global mean. |
| Tier band | A third of the ranking: Upper (1–11), Mid (12–22), Lower (23–33). |
| Transaction price | A filtered trade-based price reflecting a mid-market level. |
| Unit value | A raw trade aggregate: total value divided by total quantity. |