Anyone here trade physical?

Comanche,

Thanks very much for the informed reply. You are obviously a pro. Can I ask one more question? I am having difficulty with Platt's deals from a P&L perspective.

I don't understand how Platt's deals are marked to market if they don't price out until several days, sometimes several weeks ahead -- especially with gasoline. And what is the contract price if you don't know where the contract will settle until they price out in the future? Does this make sense?
 
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