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Old 15th Oct 2008, 11:56
  #1257 (permalink)  
Binder
 
Join Date: Oct 2005
Location: La Napoule
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There are different hedging strategies.

Easy has already purchased 50% of next years jet kerosene at $1225 per tonne.

Present price around $750 per tonne.

Unless I am mistaken, this is a huge clanger!

Binder
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