RE: X- video6 Mar 2026 09:34
I'd guess it works something like this Badomen
Let's assume the 10 day average of 6% CIF is 2000 dollars
The equivalent for Africa is 1900, so 100 dollars less.
The weighting, as an example is probably something like 20% of the difference
So, in essence, 20 dollars would be taken off the 6% CIF China price, resulting in a final price of 1980.
That is usually how partial weightings work.