What does Full Charge mean?
Full charge is also commonly called as full carry. This is total cost involved in carrying one commodity from one month to the next month. This difference is the combination of costs which will be paid when we take the product from one month to the next one. These costs are insurance cost, storage cost and interest cost.
Futures Knowledge Explains Full Charge
For example, if for the month March the cost of contract for Steel is $120 and for the month of April its $122 then the differential of $2 is called full charge. This $2 difference is because it’s a combination of interest cost, storage cost and insurance cost.