释义 |
DictionarySeegpmEncyclopediaSeeGPMGross Processing Margin
Gross Processing MarginThe gain or loss one realizes by taking a long position in a commodity and a short position on a finished product made from that commodity. This allows the investor to create an artificial position on the price of making the finished product. The gross processing margin measures how successfully one does this. See also: Crack spread, Crush spread. |