Commodity Pricing

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August 25, 2024 4 min read Definitions
Parity Price: Understanding its Definition and Applications
Economics Finance Parity Price Index Number Commodity Pricing Price Pegging Economic Index
Parity price refers to the price level of a commodity or service which is pegged to another price or to a composite average of prices based on a selected prior period. It is reflected in an index number on a scale where 100 symbolizes parity.
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