A current or future standard price exists for material ....

A current or future standard price exists for material 1610616033

Message no. CKPRCH025

Diagnosis

A current or future cost estimate exists.

Procedure

You can set the price of a marked cost estimate through the radio button 'Default Planned Prices' and release it by saving.

 *****

This message come up when i am try to change standard price of material. Why ? 
It's happen because standard cost estimate has set for current period. So how to change price with MR21 ?

First we have to delete current cost estimate, used tcode CKR1. And standard cost estimate ready to change with MR21. 

Hope this step can help.

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