Sentences with phrase «than the spot price when»

But why are future contracts higher than the spot price when in contango.

Not exact matches

DBC's differentiating factor is mainly that it dynamically picks the futures contracts it holds in an attempt to mitigate contango, which occurs when futures contracts are priced higher than spot with each successive month on the futures curve.

Futures prices generally move somewhat in response to changes in the spot price, even when movements in the latter are driven by transitory factors, but their substantially lower volatility suggests that they are more anchored to longer - run price fundamentals than are spot prices.

If you invest in a fund that always buys one - month oil futures contracts, for instance, and that fund has to pay $ 2 more than the spot price for them, the fund will essentially lose $ 2 per barrel each month when they roll their futures contracts.

When I spotted this asymmetric skirt, I jumped on it because the print is similar to a gorgeous Stella McCartney print for a tiny fraction of the price — it's less than $ 20 actually!

For heaven's sake don't, as I once spotted a publisher do, forget to drop the e-book price when the paperback is released — it should always cost less than the retail price for the lowest - cost bound copy.

Housing prices in this neighbourhood are a bit higher than the No. 1 spot — sitting just below $ 1.215 - million in 2017 — but still a deal when compared to average price of homes in the inner suburbs, which sits just above $ 1.625 - million.

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.

To purchase a contract at more than $ 75 supposes a loss (the «loss» would be $ 25 if the contract were purchased for $ 100) to the agent who «bought forward» as opposed to waiting a year to buy at the spot price when oil is actually needed.

When the spot price is higher than the futures price, the market is said to be in backwardation.

The artwork has been the subject of legal disputes and amassed a price history that ranges from less than $ 10,000 in 2005, when it was spotted at an estate auction, to $ 200 million when it was first offered for sale by a consortium of three dealers in 2012.

I know some here will decry that I am not talking about the issues because I do not try to obsfuscate with a discussion of the spot market price of coal vs long - term contracts, or use of coal in locations other than Kansas, or Al Gore's footprint, but the issue of Global Warming IS politics (non-ratification of Kyoto and negative flag - waving ads about politicians who oppose coal), it IS public relations («Clean Coal», cleanest coal - fired plants, surface mining and mountain - top reoval rather than strip mining, etc.), and it IS about misrepresentation (Peobody framing the debate as coal vs NG when it is really coal vs every other energy source), and it IS about greed (the coal industry doing everything it can to scuttle every other energy alternative).

It just so happens that I saw exactly what I wanted in the hardware store at Wonthaggi when I was down there visiting one of my Members last week and the price was spot on... around $ 300 less than similar suites in stores near home.