Futures/forward price

Dear Rohan, Actual forward price refers to the price which actually exist on a given future date which we comes to know only at that date whereas fair forward price is that price which we determines today on tbe basis of current price & market conditions affecting such price which may or may not be equals to the actual forward price.. The difference brtween the two can be termed as the gain or loss.. Hope it will clear your doubt upto some extent...!!

yes vikram..the doubts have been cleared..thank u for ur time 

Regards

Ur MOST WELCUM BROTHER...!!!