Direct information of commodity market prices: An initiative for social justice through systems engineering

The rise of concerns on equality in the commodity markets has begun to put producers as a critical party in trading activities. Overwhelming critics purposed to attract a bigger attention over producers should be answered by engineers in order to deliver social justice for all parties. As a vital factor in any trading activities of commodities, price information should transparently be derived from international markets into local levels for being provided to producers. This paper presents an initiative on how an information system of commodity market prices should be developed. Direct information is the target by establishing an appropriate information system that connects all influencing factors in a real-time price derivation. To do so, value chain is posited as the base approach. Then, diagrams of information system and required infrastructures are proposed to provide a fundamental understanding for future system developments at either theoretical or practical levels.