Uncertain Commodity Prices Disrupting Your Procurement Strategy?
Stay ahead in the commodity market with STATXO’s CommodityXO – an advanced Commodity Price Forecasting & Intelligence platform powered by agentic AI. Leverage real-time insights with up to 98% accuracy in price forecasting, self-directed buying recommendations, intelligent negotiation levers, and cost arbitrage opportunities to unlock optimal pricing and drive smarter, data-led procurement strategies.
Comprehensive Commodity Coverage
Gain real-time intelligence with scenario-based forecasting across a comprehensive range of commodity categories with STATXO. Our platform covers 120+ global and regional commodities — base metals, precious metals, industrial metals, energy products, agri-products, and plastics. Access data in major currencies such as USD, EUR, CNY, INR, and more — all from a single unified platform.
Key Features
Trusted Source for Commodity Insights
Monitor price movements, real-time news, event impacts, and forecast trends across global commodities — all powered by AI/ML for predictive intelligence in one unified platform.
Agentic AI-Powered Decision Support
Leverage autonomous reasoning capabilities to turn insights into action with strategic buying guidance and negotiation levers — enabling smarter procurement planning and optimal pricing.
AI-Driven Event Impact Analysis
Leverage GenAI and NLP to detect macroeconomic shifts, geopolitical events, and trade policy changes — assessing their impact and market sentiment.
Expert-Driven Insights
Backed by Expert Commodity Specialists, Data Analysts, and Data Scientists.
System Integration via APIs
Connect seamlessly with ERP, procurement systems, and BI tools to embed forecasts, alerts, and insights directly into your existing workflows for faster decisions.
Key Challenges We Solve
︎❖ Struggling with a Volatile Commodity Price Environment
❖ Limited Visibility into Procurement Cost Drivers
❖ Slow Adaptation to Market Dynamics
❖ Inefficient Procurement Planning
Benefits Attained
Smarter Strategic Purchasing
- AI-driven buying recommendations for better procurement
- Strengthen negotiations with cost intelligence (up to 30% savings)
- Optimize purchase timing with predictive analytics
Optimized Cost Planning
- Up to 98% accuracy in price forecasting with AI-powered model
- 90–95% precision in fiscal budget planning
- Uncover savings with improved spend control
Proactive Risk Management
- Real-time global event and news tracking
- Assess risks with event impact and sentiment analysis
- Mitigate disruptions via Event Risk Impact Mitigation (ERIM) framework
Faster Procurement Decisions
- Quick, informed decisions with short- and long-term forecasts
- 360° view with macro trends, pricing signals, and live data
- Cut noise—focus only on critical insights with AI filters
Why CommodityXO?
CommodityXO, STATXO’s next-gen AI-powered platform, revolutionizes procurement and supply chain strategies with real-time commodity intelligence, precise price forecasting, and actionable insights. Designed to optimize purchasing decisions, mitigate risks, and uncover hidden cost-saving opportunities, CommodityXO empowers businesses to stay ahead in dynamic markets.
Agentic AI for Autonomous Market Foresight
Agentic AI for Autonomous Market Foresight
Decision Intelligence with GenAI-Powered Guidance
Decision Intelligence with GenAI-Powered Guidance
Commodity-Aware Forecasting Engine
Commodity-Aware Forecasting Engine
User-Friendly & Customizable Interface
User-Friendly & Customizable Interface
Testimonials
“Partnering with STATXO has been a game-changer for our business. Their cutting-edge forecasting and decision intelligence models provide invaluable insights, empowering us with a significant competitive advantage. The AI-powered systems and dynamic tools have revolutionized our risk management and supplier negotiations, equipping us with key levers such as price benchmarking, cost modeling, and demand forecasting. This has strengthened our procurement strategy and optimized our sourcing decisions.“
– Chief Procurement Officer, Leading Automotive OEM
“STATXO has transformed our procurement strategy in the steel industry. Their advanced analytics and AI-driven forecasting models have empowered us to mitigate bidding risks with precision and optimize our sourcing decisions. With real-time market intelligence and a powerful dashboard, we can navigate market fluctuations confidently, ensuring a competitive edge in a dynamic industry.“
– Head of Procurement, Global Steel Manufacturing Company
“CommodityXO have been instrumental in enabling our sourcing team to build data-driven strategies across multiple categories and conduct more effective supplier negotiations.
What sets their support apart is the global accessibility of insights—used not just by a specific team, but by sourcing managers across regions, helping us align procurement decisions enterprise-wide.”
– VP Procurement, EMEA, F&B Company
See CommodityXO in Action
Explore how CommodityXO has transformed clients’ procurement function through real-time insights, strategic guidance, and forecasting precision.