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Price Basing |
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Price Basing The practice of using futures contracts on a commodity to influence the price of a similar product intended for sale to consumers. For example, gasoline retailers may use the price of futures contracts on crude oil to help determine the appropriate price of their gasoline. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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