The closing price refers to the price after loading on the ship, that is, the price including port charges and storage fees.

In the transportation concept: closing a position is called leveling.

Trimming: refers to the need to adjust and level the bulk cargo loaded into the cabin in piles, such as coal, grain, etc., in order to maintain a balanced pressure and safe navigation after the cargo is loaded. This operation is called "trimming". Therefore, the "flat freight" refers to the price of transporting the goods to the port and loading them on the ship (all costs incurred before sailing, including all costs before boarding the ship), but does not include subsequent related costs.

And "closing a position" refers to hedging the futures contract you hold (selling a long contract or buying a short contract to hedge), which is to understand the meaning of the position.

Close price: also known as FOB price. It refers to the price of coal transported to the port and loaded on the ship, including all costs before boarding the ship. In other words, the seller loads the coal on the ship but does not pay the transaction price for sea freight. (The loading and unloading of one ton of coal at the port involves several steps: Taking Qinhuangdao Port as an example, 1. Cars enter various coal unloading locations in Qin Port, for example, No. 6 and No. 7 companies go to Liucun South Station and enter the dumper room to unload coal. 2. . The belt conveyor is used to dump the coal into the coal stack, and there are storage fees for the coal stack. Different companies have different cost standards. 3. The coal is extracted from the coal stack by the reclaimer and sent to the ship loader by the belt conveyor. Ship closing. The cost of the whole process of loading and closing in Qinang Port is generally called the port lump sum fee, which is about 16 yuan/ton, and the storage fee is additional)

Price including tax: tax included. Car plate price. Closing price: Cheap price, including tax price (yuan/ton), price per ton of train loading (departure).

Tax-included car price: refers to the price of delivery in a train carriage, including value-added tax. Closing price (yuan/) The price per ton from the train to the station. It refers to the delivery price per ton after loading the coal onto the ship and leveling it, including this cost.