| Definitions for Price Index
| ---------------------------
|
| 1) PRICE INDEX. Price Index for the Future Commodity Price.
|
| Over a given period (of weeks) the Price Index (NDX) is calculated
| by assigning an index value of 100 to the MAXIMUM PRICE position
| and assigning an index value of zero to the MINIMUM PRICE position.
| Pro-rata index values are assigned to IN-BETWEEN PRICE positions.
|
| The Price Index scale is 0-100 and uses the scale on the
| left hand side of the graph
|
| The price index provides an ability to see the correlation
| between Price and Net Contract Index
|
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|
| 2) SPAN (Weeks).
| The number of weeks over which the Price Index is calculated.
|
|
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|
| 3) WEEKS Weeks from last January 01
| FR LAST This provides a convenient way to express dates on the
| JAN 01 graphical representation (if provided for the specific
| commodity). JAN 01 of the current year is zero.
| JAN 28 is 4 weeks later and is 4
| DEC 01 of the previos year is
| 4 weeks earlier and is -4
| etc.
|
| The relationship between this date format and the dd/mm/yy
| format is shown in the previous report.
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|
| Use the Browser BACK Command to return to the Graph
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|
|
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