SUGAR NO.11
Futures contract for the physical delivery of the raw cane sugar worldwide. It entails shipping costs to the purchaser’s ship at a port within the country selling the sugar, as well as the details relative to processing and preparing the suar. A Sugar No. 11 contract is made up of 112,00 pounds of raw cane sugar.
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Original Cost
It simply refers to the total cost associated in buying an asset.
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