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Commodity

Bid – Offer/Ask spread

Understanding the Bid-Ask spread is crucial in the world of finance. It refers to the difference between the price at which a dealer is willing to buy and sell a commodity. The Bid price is the lower of the two, while the Offer or Ask price is the higher one. This difference is also known as the impact cost and is an important factor to consider when making financial decisions.

CCI

is a government-run agency that deals with the trade of cotton and other agricultural commodities. The Cotton Corporation of India, a governmental body, specializes in the t...

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NNP

(NNP) is a measure of a country's economic performance that takes into account both the total value of goods and services produced within a nation's borders and the income ea...

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Spot Commodity

This market is a physical or virtual marketplace where goods are bought and sold for immediate delivery at current market prices. A key term in the world of finance is the ...

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Approved Warehouse

A warehouse, sanctioned by the exchange, serves as a safe haven for physical commodities and facilitates the actual delivery of said commodities. This allows for a streamline...

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