backwardation
Definition
Inverted market situation in commodities and foreign exchange trading, where the prices for deliveries in the near future (spot prices) are higher than those for later deliveries. Occurs usually because of shortages caused by excess of demand over supply. Opposite of contango.
Mentioned in these definitions
Popular 'Commodities & Precious Metals Trading' Terms
backwardation in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/backwardation.html
