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Contango is a situation in which the futures price (or forward price) of a commodity is higher than the spot price. In a contango situation, arbitrageurs or speculators are "willing to pay more for a commodity [to be received] at some point in the future than to purchase the commodity immediately. This may be due to people's desire to pay a premium to…
Economy, Overview & Description
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spot price futures commodity market prices forward backwardation future oil delivery interest storage normal speculators contract may cost situation contracts
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Contango | is a | situation in which the futures price | 0.90 | text |
| Contango | is a | potential trap for unwary investors | 0.90 | text |
| Contango | related to 2007–2008 world food price crisis | In | 0.60 | section |
| Contango | related to 2007–2008 world food price crisis | Harper's Magazine | 0.60 | section |
| Contango | related to 2007–2008 world food price crisis | Frederick Kaufman | 0.60 | section |
| Contango | related to 2007–2008 world food price crisis | Goldman Sachs Commodity Index | 0.60 | section |
| Contango | related to 2007–2008 world food price crisis | Chicago Mercantile Exchange | 0.60 | section |
| Contango | related to 2007–2008 world food price crisis | June | 0.60 | section |
| Contango | related to 2007–2008 world food price crisis | The Economist | 0.60 | section |
| Contango | related to 2007–2008 world food price crisis | It | 0.60 | section |
| Contango | related to 2007–2008 world food price crisis | Organisation | 0.60 | section |
| Contango | related to 2007–2008 world food price crisis | Economic Co-operation | 0.60 | section |
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