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Chapter 487
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Chapter 489 Cross-cutting
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... tile Exchange is a physical delivery, because in Louisiana there is a natural gas pipeline system all over the United States, and the intercontinental Exchanges do not support physical delivery.
A standard natural gas contract, whose unit is 10,000 mmBtu (million British thermal units), is quoted as US cents/million British thermal units, and the maximum daily price fluctuation in each month is 3 US dollars/million British thermal units, that is, 3 million dollars per contract. After brea ...
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