This Glossary is a non-exhaustive list of the key terms used in commodities trading.
A-Z | A | B | C | D | E | L | M | S | T | U | P
B/L

B/L

Bill of lading A transport document signed by the ship’s master or his agent, or by the carrier or its... View Article


Backwardation

When the price of nearer (typically prompt or spot) crude underlying commodity or instrument trades at a premium to the... View Article


Basis

Cash Price – Futures Price


BDI

Baltic Dry Index Proxy for dry bulk shipping stocks and a general shipping market bellwether contains route assessments based only... View Article