re: here..... huss grant64 ....can u point me to a source where the conditions of these contracts are laid out. I've been looking but can't find anywhere where the parameters are disclosed.
As the spot price was no more than US$40 at the time of concluding the contracts it is most likely that the base price would be around US$40, but am very interested to find out what the "rise & fall" formula is.
here....., page-16
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