Domestic price
The price at which a commodity trades within a country, in contrast to the world price. For those commodities not benefitting from some form of price support, the domestic price is determined by supply and demand. For commodities that receive price support, the domestic price is usually set by the loan rate or some comparable support level that serves as a price floor in the marketplace working in conjunction with any import quota that may be in effect. Selected Domestic price links: |
© 1997-2006 Healthboard.com. Healthboard.com is a purely informational website, and should not be used as a substitute for professional legal, medical or technical advice. |