单词 | contango |
释义 | contango From Longman Business Dictionary Financecontangocon‧tan‧go /kənˈtæŋgəʊ-goʊ/ noun [uncountable] FINANCE a situation in which the price for commodities (=oil, metals, etc) being traded is lower for immediate delivery than it is for future deliveryThe market was in contango - the price for metal for three-month delivery was $24 a tonne above that for immediate delivery. |
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