gross processing margin (GPM)
- The difference between the cost of raw materials and the total income from selling the processed or finished products
- Oil refineries often monitor the gross processing margin (GPM) to stay profitable.
- In the dairy industry, the gross processing margin (GPM) plays a crucial role in determining the value of milk production.
- The gross processing margin (GPM) can fluctuate based on market conditions influencing both raw material prices and final product sales.
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