Sentences with backwardation
back·ward·a·tion
B b - Our test results show that the basis pattern of these futures will generally switch from backwardation several months before the last trading day to contango as it approaches the last trading day.Copper, like oil, is an industrial commodity that gets used up, and can fall into backwardation.Backwardation is a situation in which the price of a forward or futures contract is trading below the expected spot price when the contract matures.
- The backwardation on lead.
- I think the silver backwardation has caused the push too.
- Investors also focused on the backwardation on lead.
- The backwardation on lead -- a premium for cash material over the three-month contract -- was at $23 a tonne.