| I am sure that your position is a hedge, but if your physical metal is delayed, you may have to borrow at this backwardation. |
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| There has been no damage to the oil fields, but the oil market remains very tight as evidenced by the recent move into backwardation. |
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| This caused a significant disturbance in the market and exacerbated a backwardation in the price of tin. |
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| Gold remains in backwardation right out to the six month term but at low rates. |
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| Contrary to those teachings, the normal condition of the futures markets is one of contango, not backwardation. |
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| In the case of agricultural commodities backwardation provides a most powerful incentive for traders to sell the cash commodity and buy the futures. |
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| Over the whole period the market remained in backwardation, another indicator of the tightness in copper availability. |
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| That is, the value of having ready access to a stock of oil can justify holding inventory when the futures curve is in backwardation. |
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| One analyst said the falling price of nickel would come as a relief to U.S. buyers who recently had to deal with a steep backwardation that squeezed short positions. |
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| Stable for spot and Dec. 10 contracts while widened for Dec. 11 and 12 due to CER backwardation. |
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| The contango or backwardation is recorded in the income statement when the swap expires. |
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| A backwardation situa tion was followed by a contango situation, which acted as an incentive to stockpile mineral oil products. |
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| The front part of the forward curve has been trading in backwardation since the start of July. |
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| The opposite market condition to contango is known as backwardation. |
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| The market has attracted scrutiny in recent weeks as prices on short-term aluminum contracts rose above those on longer-term contracts, a condition that some traders call backwardation. |
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| It can be seen that the prevailing market pattern for all commodities until 2005 was backwardation, meaning that the excess return was slightly higher than the spot return alone. |
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| The absence of backwardation in the commodity markets could result in negative ''roll yields,'' which could adversely affect the value of the index and, accordingly, adversely affect the market value of the Portfolio. |
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| On the other hand the characteristic feature of the market during this period was the transition from backwardation to contango, which stimulated stockpiling and thus the demand for transport. |
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| The spread between April and May Brent widened in backwardation to 97 cents a barrel at Friday's Asia close to reflect a tighter prompt market. |
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| Dubai crude's backwardation, when the price for deliveries now is greater than for shipments later, was unchanged. |
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| Before 2005, the US oil futures market traded in backwardation about two-thirds of the time, and contango around one-third of the time. |
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| Prior to the financial and economic panic in the early autumn of 2008, oil and copper price levels were elevated and the markets were in backwardation. |
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| Nonetheless, the recent trend toward a narrowing backwardation remains intact, signalling the market is no longer prepared to pay a high premium for prompt cargoes. |
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| The movement of passive investors into commodities shifted markets from backwardation to contango, the condition that occurs when futures prices exceed cash prices. |
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