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contango

/kənˈtæŋgoʊ/ /kənˈtæŋgəʊ/
noun
GeneralFinance
  1. 1 contango uncountable

Definition (English)

A market condition where futures prices are higher than spot prices, suggesting prices will rise.

Example Sentences

  1. The oil market is currently in contango.
    Petrol piyasası şu anda contango durumunda.
  2. This contango suggests future supply is expected.
    Bu contango, gelecekte arz beklendiğini gösteriyor.

Antonyms

Collocations

contango marketcontango conditionin contangocontango futurescontango prices