backwardation in a sentence
Examples
- It is often called'normal backwardation'as the futures buyer is rewarded for risk he takes off the producer.
- A premium for spot tin over three-month or longer-term delivery has created a widening backwardation on the LME.
- Backwardation is industry jargon for the condition in which futures contracts closer to expiration fetch more than those for delivery in later months.
- In the early 1980s, there was a one-day backwardation in silver while some metal was physically moved from CBOT warehouses.
- In that era on the London Stock Exchange, backwardation was a fee paid by a seller wishing to defer delivering stock they had sold.
- Those barrels are in tankers at sea and sitting in various pipelines and storage facilities in OPEC nations, going unsold because of backwardation, he contends.
- The backwardation contract selling today is lower than the spot price, and its trajectory will take it upward to the spot price when the contract closes.
- That's the highest spot-to-three-month premium, or backwardation, since January, demonstrating the shortage of supplies for immediate delivery.
- It also contributed to a condition known as backwardation, where copper for immediate or near delivery costs more than copper to be delivered at a later date.
- Miller says the crude oil market could be on the precipice of a sudden drop because of a phenomenon in futures trading called " backwardation ."