IMPORTER PRICE LOCK
0.02 0.1 $0.02 - $0.10
SoOum offers commodity future price locks is an agreement to buy or sell a predetermined amount of a physical commodity at a specific price on a specific date in the future. SoOum uses such contracts to aid its buyer/importers in avoiding the risks associated with the price fluctuations of the underlying commodities or raw materials. SoOum also uses futures contracts to lock in guaranteed prices for our commodities. Priced in Dollars per Total PFI/Contract Amount.