Sentence examples for a commodity contract from inspiring English sources

This kind of agreement is the simplest form of what is known today as a commodity contract.

They'd use a commodity contract to establish a maximum price that they would pay in the coming year for that jet fuel.

The exchanges currently require market players to put up just enough money to cover a one-day movement in the value of a commodity contract, which works out to around 5 to 7percentt of the commodity's value.

You don't actually buy a commodity contract.

Since employment bottomed out in February, New York securities firms have added nearly 2,000 jobs, a trend that is also playing out nationwide at financial companies, commodity contract traders and investment firms.

The latest disclosure, made late Wednesday, includes nearly $1 billion the bank said it was owed by a group of insurers who backed commodity contracts that J. P. Morgan had with Enron.

So they want to somehow limit that expense if they can, and they use these commodity contracts to lock in a lower price.

The partnership, which includes Goldman Sachs and BP Amoco, is the latest to use the Internet to capture a share of the estimated $1.8 trillion of commodity contracts traded each year.

So to limit potential losses, buyers and sellers sometimes enter into commodity contracts, in which two parties agree to a sale of a good at a time and a price that is specified in advance.

A week later, the bank surprised investors by disclosing that it was owed nearly $1 billion from a group of insurance companies that had backed commodity contracts between J. P. Morgan and Enron.

They rely at best on a seasoned reporter's ability to interpret what his sources tell him about bids, offers and deals, and at worst on a gullible greenhorn's guesswork.The standardised commodity contracts that trade transparently on busy exchanges do not always cater to the many different specifications required by industry.