Pricing: Use Price Quotations of Commodity Forward Index

This feature enables you to use market data for commodity forward indexes in the commodity pricing engine (CPE). This market data is based on the derivative contract specification (DCS) and supports, similar to commodity futures, the following functions:

Use DCS-based quotations in CPE formulas
Use DCS-based commodity curves for quotation forecast

You can import commodity forward index data with the market data interface datafeed in SAP ERP. New commodity pricing methods are provided for determining commodity forward index data. You can use this data for provisional or final prices.

You can maintain the new functions in documents that use the new pricing user interface.

You can select the maturity of a commodity forward index with the following parameters:

Derivative contract specification ID (DCS ID)
Market identifier code (MIC)
Timing
Price type

You can simplify the specification of these parameters when you use quotation rules together with the maturity selection function. For more information, see the release notes for Pricing: Quotation Rule and Pricing: Maturity Selection.

Technical Details

Technical Name of Product Feature	SDBFPR_COMMODITY_FORWARD_INDEX
Product Feature Is	New
Country Dependency	Valid for all countries
Software Component Version	SAP_APPL 617
Application Component	Commodity Management in Logistics (LO-CMM), Pricing and Conditions (SD-BF-PR), Purchasing (MM-PUR)
Availability	SAP Enhancement Package 7 (SP04) for SAP ERP 6.0
Required Business Function	LOG_SD_COMMODITY_03 or LOG_MM_COMMODITY_03

Customizing

You make the Customizing settings for the use of commodity forward index in Customizing under Start of the navigation path Commodity Pricing Next navigation step Commodity Pricing Engine Definition of CPE Quotations Market Data Based on Derivative Contract Specification End of the navigation path .