English version

backwardation

From Longman Business Dictionary
Related topics: Finance
backwardationback‧ward‧a‧tion /ˌbækwəˈdeɪʃən-wər-/ noun [uncountable] FINANCE when a COMMODITY that will be delivered in the future has a higher price than one that will be delivered nowIn an economic slowdown it is surprising to see the copper market in backwardation.
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