Protects a freight buyer against a rise in freight prices and fixes the freight price to be paid.
Freight price hedges are separate from delivery contracts, meaning that the supplier can be selected freely.
You can start and cancel freight price hedging at the market price at any time.
Due to the basis risk*, the gains and losses of a hedging strategy cannot always be fully determined in advance.Many commodities are priced in US dollars. Among other things, this means that the appreciation of the dollar will be directly reflected in Finnish prices.
*Basis = spot price of the hedged product – price of the derivative
Purchasing the products requires a customer relationship and a general agreement on derivatives with Nordea. Please contact our specialists for further information. We will be happy to help.