In Position

What is In Position?

In Position meaning Refers to a commodity located where it can readily be moved to another point or delivered on a futures contract. Commodities not so situated are ‘out of position.’ Soybeans in Mississippi are out of position for delivery in Chicago, but in position for export shipment from the Gulf of Mexico.

 

reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary

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