futures price

Definition of "futures price"
  1. The cost set for a commodity to be delivered in the future, determined by a futures exchange or a futures contract
How to use "futures price" in a sentence
  1. He was able to lock in a low futures price for the corn crop, ensuring a profit on his investment.
  2. Using futures price, companies can manage risk by setting a price for their product well in advance.
  3. The uncertain market made it difficult to predict the futures price of oil.

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