Sentences with phrase «commodity at a certain date»

Not exact matches

A futures contract is an agreement to buy or sell at a certain date for a predetermined price, so its value generally moves along with spot prices of the commodity or index.

While it's possible to invest directly in commodities (say, by buying 10,000 pounds of sugar), most commodities are traded through «futures contracts» — a promise to buy or sell a certain amount of the commodity at a specified price on a certain date.