If you want to maximize profits, you must trade at the best price. To determine the best price, you need to evaluate all costs, including freight costs, product costs, and finance costs – and determine the best trade routes. Unfortunately, analyzing all costs involves different units of measurements, multiple currencies, and different weight conversion factors. This significantly complicates decision making. Source: EKA – Essential Tools for Today’s Trading – Pre-Trade Analysis
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Source: CTRM Center