Contango - A market condition in which futures prices are higher in the distant delivery months.
When the futures price is above the expected future spot price. Consequently, the price will decline to the spot price before the delivery date.
A situation in futures trading where the future delivery price is greater than the cash or nearby price.
Contango : a market condition in which futures prices are higher in the distant delivery months.
when the futures price is above the expected future spot price. consequently, the price will decline to the spot price before the delivery date.
a situation in futures trading where the future delivery price is greater than the cash or nearby price.