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basis

Owned by Dennis Daggett (Deactivated)
2018-02-16

The difference between the current spot price (or cash price) of a commodity and the price of the nearest futures contract for the same or a related commodity. Basis is usually computed in relation to the futures contract next to expire and may reflect different time periods, product forms, qualities, or locations.

Authorization Path: 2.5.7.2.27.0

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