Kerosene
Kerosene Meaning:
In commodity market terminology, Kerosene or paraffin is a burnable, petroleum-derived, hydrocarbon-based oil. Its primary use is in heaters, lamps and jet engines as a fuel.
In commodity market terminology, Kerosene or paraffin is a burnable, petroleum-derived, hydrocarbon-based oil. Its primary use is in heaters, lamps and jet engines as a fuel.
Kerosene Example:
Kerosene futures trade on the Tokyo Commodity Exchange (TOCOM). On the TOCOM, the futures are traded in 50 kiloliter lot sizes and are quoted in Japanese Yen per kiloliter.
Kerosene futures trade on the Tokyo Commodity Exchange (TOCOM). On the TOCOM, the futures are traded in 50 kiloliter lot sizes and are quoted in Japanese Yen per kiloliter.