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spot price

NOUN
  1. the current delivery price of a commodity traded in the spot market

How To Use spot price In A Sentence

  • Spot prices for degummed soybean oil in Argentina closed at $1,136.47 a ton on Nov. 4, the highest price since August 2008. BusinessWeek.com -- Top News
  • Today the spot price for unenriched uranium is $42 a pound, enough for most projects to go ahead. Times, Sunday Times
  • They often cite high spot prices as the reason for jagging up the contract prices.
  • It seems likely that gold and silver prices will decouple from the official spot price as this crisis unfolds. Archive 2008-10-01
  • So to avoid significant arbitrage profits, the futures and spot prices must converge.
  • He quoted us a spot price for the goods.
  • We pay four times the spot price for cocoa and we make only small batches. Times, Sunday Times
  • The Detroit ethanol spot price data were obtained from Kapell.
  • The second indicator is the price, that is, index futures and the spot price difference.
  • Current market price of the actual physical commodity. Also called'spot price.
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