Commodities MKT Know How

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Category : Business & Finance » Finance » Stocks | Posted by : vikas198012003 | Posted on : 1/27/2009 | Updated on : 1/27/2009
Keywords : mkt, rate, commodities, quoted, its, have, quantity, querry, about, means, lb, full, nymex, name, like

SRIVASTAVA VIKAS

by vikas198012003
(23 points)

Commodities MKT Know How

I have a querry about the rate/quantity quoted in the NYMEX its full name. Like "lb" means what?

Answers

Pound of course

"lb" is the abbreviation/symbol for pound,

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