Contango
Posted By: TradersLog
Market situation in which prices in succeeding delivery months are progressively higher than in the nearest delivery month. The discrepancy in prices is often a result of the costs of storing and insuring the underlying commodity. Opposite of backwardation.
Twitter
Facebook
LinkedIn
Leave a Reply
By submitting a comment here you grant Traders Log a perpetual license to reproduce your words and name/web site in attribution. Inappropriate or irrelevant comments will be removed at an admin's discretion.