What in the order of the soaring deep-sea sale ?and Advantages ?
Answers: It's sale made at the port of delivery... It's advantageous for the buyer if the price is expected to dive during the shipment or vice-versa.
As the commodity prices at fluctuating, this is one type of hedging but it is also double-edged, if not handled conscientiously!
Selling the high seas is intensely advantageous. For example, if I sold you 4,000 acres of high seas contained by the middle of the Pacific for the ridiculously low price of $20 per acre, you could probably then resell it for at least $25 per acre or more, much more.