Full Carry

When considering two futures contracts on the same commodity with two different delivery months, a market in which the price for the contract with the later delivery equals the price of the contract with earlier delivery plus the cost of storing the underlying commodity for the remaining period of time. For example, suppose the price of a July expiry futures contract on gold is $995 per ounce and the cost of storing it for a month is $5 per ounce. In a full carry market, the price of an August expiry futures contract on gold would be $1,000 per ounce. A full carry market is also called a full carrying charge market.

Mentioned in ?

Carrying Charge Market

References in periodicals archive ?

Goanna exploration well committed with full carry to Faroe at 30% WI(Working Interest) committed to drill the Goanna exploration well; spud expected Q4 2017

East Corrib farm out for full carry at 20% WI: Irish Ministerial approval granted for a farmout to Nexen of licence 16/23, West of Ireland

United Kingdom : 2017 Annual General Meeting Operational Update

Following the First Transfer, if Tullow elects to participate in the drilling of an exploration well on the Cooper Block, Tullow will be transferred an additional 15% working interest in the Block, in return for a full carry of Eco Atlantic's share of costs to drill an exploration well on the Block which is capped at $53 million.

Tullow subsidiary acquires 40% working interest in oil block

Apache has agreed to pay for a portion of TAG's direct costs incurred to date, as well as providing TAG a full carry on three phases of operations to a maximum agreed cost in each phase.

TAG Enters Into Farmout Agreement with Apache Corporation on New Zealand Acreage in the East Coast Basin

Holiday victory Owner Padraig Coffey spends more time in Lanzarote than in his native Portarlington but made the trip to Greenmount to see the appropriately named Half Full carry his colours to victory in the opening maiden hurdle.

Gilligan brings end to quiet spell

Apparently he asked her to help put his tent up - an anecdote that Katie Price would have milked for its full Carry On potential but which passes here without so much as a raised eyebrow.

We love telly; pick of the day

The gap in between is pitted with bunkers so again a full carry to the green is essential.

GOLF: Golfing union made in heaven; Richard Williamson finds two clubs living in harmony

And the green in the distance requires, in the orthodox way, a full carry because of the revetted bunker 50 yards short of the green.

Braving the Brabazon; SATURDAY FEATURE: The long and short of it as The Belfry Simon Wordsworth (above), head pro at The Belfry, where the Benson and Hedges International Open starts next Thursday, shows Golf Correspondent Michael Blair exactly how to play the dreaded Brabazon Course

Sound Energy, the African and European focused upstream gas company, is delighted to announce the signature of binding heads of terms with Schlumberger which will expand Sound Energy's relationship with Schlumberger into Meridja and the Tendrara relinquished area(s) in exchange for a full carry on Sound Energy's forthcoming Eastern Moroccan geophysical survey programme, estimated at US$27.

United Kingdom : Schlumberger Investment

A cash consideration of approximately $A212 million is being secured from Santos when the Bonaparte joint venture was formed, and has received a full carry on study and development costs by GDF SUEZ.