Contango

Rarity: Common

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At a glance

Class

Notion

Domain

Science and technology

In collections

1 player has it in their collection.

What Wikipedia says

Contango is a situation in which the futures price (or forward price) of a commodity is higher than the spot price. In a contango situation, arbitrageurs or speculators are "willing to pay more for a commodity [to be received] at some point in the future than to purchase the commodity immediately.

Excerpt from the Wikipedia article “Contango”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Suicup, CC BY-SA 3.0, via Wikimedia Commons.