The second basis of 1 month is 3600-4350 =-785 March 4 150-4780 =-630 basis. I remember it is the current price minus the futures price.

Against the market, the spot market price is greater than the futures market price. You should know whether it is positive or negative.

Hedging earned 155 basis points.

3 7350-72 10= 140

7 100-7 190=-90

Earned a total of 50 dollars per ton.

These seem to have been read in books. Don't you want to count?