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 Glossary   >   P   >   "Price Basing" Definition   

        Price Basing

A pricing method used by commodity producers, processors, merchants, and consumers whereby prices of commercial commodity transactions are based on related futures contract prices.

Price Basing


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Price Basing - A pricing method used by commodity producers, processors, merchants, and consumers whereby prices of commercial commodity transactions are based on related futures contract prices.


Price Basing : a pricing method used by commodity producers, processors, merchants, and consumers whereby prices of commercial commodity transactions are based on related futures contract prices.