Sentences with phrase «spot prices refer»
Spot prices refer to the current market price of some product, usually a commodity, currency or rate, for the immediate delivery of said product.
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The standard definition of backwardation refers to a futures contract whose price is below the current spot price.
The local spot price represents the prevailing price for the underlying asset, while the price listed in a futures contract refers to a rate that would be given at a specified point in the future.
The cut - price console was referred to in an internal Microsoft document, spotted by Kotaku.
The reference that Ms Bittner used in support of her claim did not say that South Australians were paying three times as much as people in other states, it referred to the average spot wholesale price on Christmas Day of 2015 being three times higher in SA than in other states — which has very little relevance to the price that South Australian retail consumers pay.
[25] This refers to cheaper prices on the spot market.