The sale price must be known and agreed. A price that depends on an uncertain future event without a clear formula creates unacceptable uncertainty.
Real commodity trading therefore requires a definite contract price at the point the sale is concluded.
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Commodity Funds: Real Trade, Not Paper Commodity Exposure
The sale price must be known and agreed. A price that depends on an uncertain future event without a clear formula creates unacceptable uncertainty.
Real commodity trading therefore requires a definite contract price at the point the sale is concluded.