Synonyms for contango
con·tan·go

WiktionaryRate these synonyms:0.0 / 0 votes

1. contangonoun

   Antonyms:
   backwardation

2. contangonoun

   The situation in a futures market where prices for future delivery are higher than prices for immediate (or nearer) delivery.

   2005: most of these other commodities are generally in contango Futures Industry Magazine

   Antonyms:
   backwardation

3. contangonoun

   2003: Normally new buyers would go after the March silver contract, especially with such a small contango. Bill Murphy, Kitco Bullion Dealers

   Antonyms:
   backwardation

How to pronounce contango?

How to say contango in sign language?

Words popularity by usage frequency

How to use contango in a sentence?

1. Nabil Naccoul:

   Given the contango, those who hedged the calendar year have done better. Producers are doing more calendar hedging and right now as hedging the front doesn't make any sense because of the shape of the curve, if you're confident that current prices and the shape of the curve are here to stay, then it makes sense to hedge at these levels.

2. David Fyfe:

   I suspect there is some potential for that contango to steepen. Particularly as companies are curbing their spendingthat looks to me like a very cheap back end of the curve.

3. Nabil Naccoul:

   Consumer hedging activity slowed a lot after 2008, but we've seen more recently. A lot had hedged around US$100 and with the market now at US$50 they should perhaps be doing more, but they tend to take a more opportunistic approach to hedging especially in a contango market.

4. Svein Moxnes Harfjeld:

   One would need a contango in the oil market to justify floating storage. Given the current developments in the oil market this cannot be ruled out, continued oil demand and longer transportation distances combined with no fleet growth should support our expectations for 2015 on average to be better than 2014.

5. Tariq Zahir:

   The big surprise was in the product markets where there were builds in both gasoline and heating oil, while we are witnessing a momentum trade in spot crude helped by the weakness in the dollar, the forward curve remains in contango with the build in the product markets.