what is buffer stocks
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Buffer stock is an attempt to use commodity storage for the purposes of stabilising prices in an entire economy or an individual market
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Definition: Buffer Stock. ‘Buffer stock’ or ‘strategic stock’ or ‘safety stock’ or ‘buffer inventory’ is defined as a supply of inputs held as a reserve in case there are future demand and supply fluctuations. It is the excess inventory or safety stock, which retains some kind of buffer to protect in case of uncertain future.
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