contango
A1A2B1B2C1C2
/kənˈtæŋgoʊ/
/kənˈtæŋgəʊ/
GeneralFinance
- 1 contango uncountable
Definition (English)
A market condition where futures prices are higher than spot prices, suggesting prices will rise.
Example Sentences
-
The oil market is currently in contango.Petrol piyasası şu anda contango durumunda.
-
This contango suggests future supply is expected.Bu contango, gelecekte arz beklendiğini gösteriyor.
Antonyms
Collocations
contango marketcontango conditionin contangocontango futurescontango prices