Concentrate
Assay × Payable. The only valid concentrate hedge.
Concentrate hedging requires two deductions: assay % (physical metal grade per DMT) and payable % (what the smelter actually pays for). The Product Catalog stores both defaults per product so every shipment derives the correct hedgeable metal MT.
One hedge method applies
There's only one defensible way to hedge this family. The math leaves no room for interpretation.
Assay × payable %
DMT × A% × P%Hedgeable MT = DMT × Assay % × Payable %
Assay % is the metal grade of the ore. Payable % is the fraction the smelter pays for. Both deductions apply.
Typical use: Concentrate contracts. Copper, zinc, lead, nickel.
Concentrate: starter configurations
Each entry shows how the wizard models a common product: classification, hedge method, UOM, and industry-typical figures. Clone one as a starting point, or configure your own from scratch.
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