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What does Backwardation mean?
A term used to describe the structure of a forward price curve. When a market is in backwardation, the forward prices are lower than spot prices.
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Updated Aug 22, 2024
8/22/24
Updated Aug 22, 2024
8/22/24
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A term used to describe the structure of a forward price curve. When a market is in backwardation, the forward prices are lower than spot prices.