spot price


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Related to spot price: strike price

spot price

n.
The market price of a commodity.

spot price

n
(Commerce) the price of goods, currencies, or securities that are offered for immediate delivery and payment. Also called: cash price

spot price

The price for a physical commodity to be delivered immediately as opposed to at some time in the future as is the case with futures trading.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.spot price - the current delivery price of a commodity traded in the spot market
price, terms, damage - the amount of money needed to purchase something; "the price of gasoline"; "he got his new car on excellent terms"; "how much is the damage?"
Translations

spot price

n (Comm) → prezzo per contanti
References in periodicals archive ?
So it seems that futures prices are, in general, no better a forecaster of future oil prices than the spot price. The enthusiast of making oil price forecasts using futures might wonder if futures prices add information about future oil prices that spot oil prices do not.
Significant changes in spot prices tend to show up in retail prices with some time delay, and EIA theorized that this could be explained by a distributed lag: the impact of a spot price change in a given week might be spread over several following weeks at the retail level.
In an exclusive survey by Inside FERC's Gas Market Report, whose spot price surveys set the benchmark prices for most monthly spot contracts in North America, the average price of natural gas delivered to the premium New York and New Jersey markets for November was $3.65/MMBtu compared with $2.16/MMBtu in October and $5.10/MMBtu in November 2000.
Exactly how much of that surplus comes back to Ipanema neither side will reveal, but Washington Rodrigues, Ipanema's head of marketing, says he gets roughly twice the New York spot price. "They are very fair because they base their price on our production costs, not the market value," he says.
Temporarily, since early February 1998, purchase of basic material from Chandra Asri is using a new pattern with a price level which lower than the spot price of Southeast Asia Cost and Freight Rate (SEA CFR).
In the first attempt to value investment projects in natural resources using this new approach (see, for example, Brennan and Schwartz, 1985), the spot price of the commodity was assumed to follow geometric Brownian motion similar to the process assumed for stock prices in the option-pricing literature.
Latvenergo representatives noted that in the first half of 2019 the group's performance results were affected by global and regional factors, including electricity and gas prices, as prices at Nord Pool climbed 6 percent compared to the respective period last year and the spot price in Latvia rose by 6 percent as well.
Woo also noted that Micron's earnings and stock performance typically correlate closely with the spot price trend.
During the period the company bought 8.4 million pounds of uranium from National Atomic Co Kazatomprom JSC at an average cost of USD21.10 per pound against a spot price of USD25.75 per pound.
The Asian spot price for liquefied natural gas (LNG) has dropped to below $5 per million British thermal units (mmBtu) this week as sellers flooded the market with spot cargoes, trade sources said.
The spot price for Australian coal exported through the Port of Newcastle reached $120 per metric ton (mt) during early July.
With gold spot price at PS969 an ounce, that would make a pound of butter worth PS15,500.