Sentence examples for class of commodity from inspiring English sources

In those cases, other courts determined that all varieties of natural gas are a single class of commodity, even if a particular variety is not processed through a hub that underlies a futures contract, because natural gas is fungible and moves freely through the national natural gas pipeline system.

(3) Develop, according to location and class of commodity, the proper standards for safe and efficient storage.

This ambiguity could have broader implications because it is not limited to the virtual currency class of commodities.

Spice: The History of a Temptation is a sumptuous edition of a new class of popular monograph - Salt, Cod, Tobacco - that tells the history of the world through the story of a single commodity or class of commodities.

As opposed to trying to pick a particular commodity (crude oil, for example) or select a given class of commodities (i.e. precious metals), investors may want to consider a diversified basket of different commodities to access the commodities asset class.

ORE LOADINGS RISE 21.3% All Other Classes of Commodities Decrease, Led by Grain and Live Stock.

The result is, not surprisingly, a marked rise in most classes of commodities.

If you need to choose a commodity to study for a class assignment, scanning through a list of commodity codes is a good idea to find a cleanly defined product.

On September 26 , 2018 a US federal court found that virtual currency constitutes a class of items that are commodities under the Commodity Exchange Act ("CEA") because one member of that class, Bitcoin, is the subject of futures trading.

The court in the MBC case was a district court ruling on a motion to dismiss, so it remains to be seen how persuasive other courts find its holding that "virtual currency" is a class of items that are commodities under the CEA.

Usually, competition acts as the driving force within the same trader class (including all members offering the same kind of commodity) while cooperation can occur between different trader classes [4], [8].