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Thanks YFB

Can you elaborate at all? What I'm trying to get a feel of is whether trades on the LME and other exchanges (for metals and other commodities) take into account the derivation of the product or whether a ton of zinc or a ton of Arabica coffee is traded regardless of origin? One miner or farmer may believe that his product is better than the competition, but is that reflected in the trading if the trades go through international exchanges rather than direct negotiations between for example Toyota and rare earth miners or Starbucks and coffee growers?
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