0 the price at which goods are sold to shops by the people who produce them, rather than the price which the customer usually pays in the shop:
1 a price that stores or businesses pay for goods rather than the price at which they sell those goods to the public:
These changes, as noted earlier, represent a move by both countries to a common free trade price sequence.
Remember that the manufacturer is happy to sell at trade price.
I quote the international and home trade price comparison for steel.
It is nothing to do with the trade price plus the retail price.
You can always buy a motor-car cheaper than trade price, not by a reduction in the price but by the addition of accessories.
A closed market has no price discovery the last trade price is all that is known.
At the same time, the overwhelming reason for the present slump in trade prices is the enormous surplus in the world's stocks.
I understand that the higher figure is in line with trade prices at about the same time.