For a commodities contract, the maximum daily price range is usually equal to twice the daily price limit.

Name: For a commodities contract, the maximum daily price range is usually equal to twice the daily price limit.
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Quizplus · Accepted Answer

This is true in most cases. The daily price limit sets the maximum allowable price increase or decrease per day for a commodity contract, and the maximum daily price range is typically set at twice that limit to allow for volatility and fluctuations in the market.

For a Commodities Contract, the Maximum Daily Price Range Is