Spot The Reference

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
STR
Pronunciation
/spɑt ðə ˈrɛfərəns/
Category
Community
Related Field
News & Media

Examples in Context

  1. The probable outcome is that the spot price will become the reference price for the iron ore market.
  2. But such a concentration of resources in the hands of one organisation still matters because the spot prices the third-party market sets are used as a reference in other transactions.
  3. Through the relevant laws to grasp the correlation and volatility of bulk FFA market and the spot market, the international dry, help participants to provide certain reference for shipping.
  4. The result shows that when spot price is lower than willingness-to-pay of forwarder, the contract is seldom affected by reference effect but spot price, vice versa.
  5. By comparing the precision of coordinate resolution and range of measurement on the spot, this paper draws a conclusion to the tolerance formula which can act as the reference to government.

Other meanings of STR