These are word's definitions related to contango. Click on any word to go to its word's detail page. Or, go to the definition of contango.
0 a situation in which the price of a commodity (= a product such as oil or a metal that is traded in large quantities) is higher if the buyer is to receive the commodity at a future date than it is if the buyer receives it immediately:
The price slump would create conditions of contango, where massive current supply puts the spot price below the futures price.
Much of the commodity market is at present in contango.
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May 10, 2021
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