Spot price


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Related to Spot price: strike price

Spot price

The current market price of the actual physical commodity. Also called cash price. Current delivery price of a commodity traded in the spot market, in which goods are sold for cash and delivered immediately. Antithesis of futures price.

Cash Price

On an exchange, the price of a security or commodity at the present moment. If one buys or sells a security or commodity, one pays the cash price. The cash price contrasts with the futures price. It is also called the current price and the spot price. See also: Spot rate.

spot price

Spot price.

The spot, or cash, price is the price of commodities and foreign currencies that are being sold for immediate delivery with payment in cash.

References in periodicals archive ?
This means that three things tie down the futures price: the spot price, the interest rate (borrowed money), and storage costs.
There is no evidence of significant influence on aggregate retail prices beyond the spot price level.
monthly natural gas spot prices for November jumped 79% from October, to $3.01/MMBtu, but still remain 32% below the $4.44/MMBtu average reached in November 2000, according to data released by Platts, the energy information, research, consulting and market services business of The McGraw-Hill Companies (NYSE:MHP).
In December 1997, for film grade the SEA CFR spot price was an average of US$ 560 per ton, while three months previously it was still US$ 655 per ton.
Assuming a constant convenience yield, c, interest rate, r, and volatility, [Sigma], for the rate of return on the spot commodity price, S, the stochastic process for the spot price under the equivalent martingale measure is given by:
Despite some continued volatility, market activity has justified our investment proposition, with the spot price increasing by 13%.
Mineralogy countered, saying the agreement with Citic made no mention of the benchmark system and a royalty sum could still be calculated from the different spot prices over the years.
Thereafter, the on-going price will increase to 50% of the prevailing spot price of gold and silver.
He and Holt [4] use an error correction model with generalized-quadratic ARCH-in-mean (to accommodate a time-varying risk premium) to find that the lumber spot price series is not cointegrated with the lumber futures price series.
According to Meralco, spot prices had softened as peak demand in the Luzon grid was down by around 300 megawatts in September.
(2006) show that the daily average value of the market spot price decreases by 1 [euro]/MWh per additional 1,000 MW wind capacity.
The highest average spot price was observed on Bonny Light oil produced in Nigeria, which amounted to $31.17 per barrel compared to $32.88 per barrel the previous week.