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Spot Commodity

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Spot commodity
A commodity that is traded with the expectation of actual delivery, as opposed to a commodity future that is usually not delivered.
Spot Commodity
A commodity traded on the current market. Spot commodities involve straightforward transactions; there is a buyer and a seller and the seller makes delivery of the commodity promptly when the transaction is settled. A spot commodity differs from a futures transaction, in which the buyer and seller agree to exchange the commodity at some point in the future.
spot commodity
A commodity that is available for immediate delivery.
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During the first phase of the operation, 25 agricultural commodities (mainly grain and pulse) were offered for the spot commodity contract.
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The overall spot commodity price index (published by the Commodity Research Bureau) peaked between May and July 2008 and has greatly retreated since then.
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The spot commodity price is the price of a commodity "on the spot" where it is being sold on the cash market.
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