spot market


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Related to spot market: forward market

spot market

n
(Economics) commerce a market in which commodities, currencies, or securities are traded for immediate delivery. Compare forward market
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.spot market - a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future
commodities exchange, commodities market, commodity exchange - an exchange for buying and selling commodities for future delivery
References in periodicals archive ?
10, 2015 /PRNewswire/ -- Following an established seasonal pattern, spot market freight volume declined 15 percent in November, month over month, largely due to a drop in demand for flatbed trucks.
Oman Power and Water Procurement Co (OPWP) expects to launch its electricity spot market in 2018.
Muscat: Oman plans to introduce a spot market for electricity in an apparent move to enhance efficiency within the sector.
9 million tonne from the spot market with the aim of reaching 2 million tonnes of gas supply for the financial year ending March 2015.
State-owned Abu Dhabi National Oil Co (Adnoc) will likely skip term diesel exports in 2014, a second consecutive year, and could instead make offers in the spot market as domestic demand takes up most of the available supply, industry sources said.
It has long-term sales and production agreements (SPAs) with Qatar for a total of 12 million tons per year (t/y) and in 2011 purchased a further 4 million tons of Qatari LNG on the spot market.
Summary: Energy and Mines Minister Chakib Khelil said Tuesday that the current natural gas price, sold at four dollars in the spot market, was "not sustainable" for producers, and that Algeria would make a proposal to cut output.
This article examines empirically the impact of futures on spot market volatility in India.
Iran has stopped selling oil on the spot market, Oil Minister Gholam-Hossain Nozari announced Sunday.
Oman is also the main crude trading in the physical spot market at the southern end of the Persian Gulf (see background in omt7OmanExportsFeb13-06).
It has been largely competitive compared to spot market prices for it and similar grades.
In all the countries in which we're operating we have a commercial policy to privilege the spot market.