What are 'contango' and 'backwardation'?

Tim Bennett explains two very common pieces of jargon in the commodities markets - 'contango' and 'backwardation'.

Tim Bennett explains two very common pieces of jargon in the commodities markets - 'contango' and 'backwardation'.

See also:

What are futures?

Recommended

RAC: Fuel prices could rise again as forecourts continue to charge higher prices
Personal finance

RAC: Fuel prices could rise again as forecourts continue to charge higher prices

Wholesale fuel prices have slowly risen, but how much will you pay now and how can you save on the costs of driving?
1 Feb 2023
When will interest rates go up?
UK Economy

When will interest rates go up?

New interest rates will be announced on 2 February – we look at what to expect.
1 Feb 2023
NS&I brings back one-year fixed bonds with highest rates since 2010
Personal finance

NS&I brings back one-year fixed bonds with highest rates since 2010

NS&I’s one-year fixed bonds are back on sale after being pulled off the market in 2019 - but is the rate any good?
1 Feb 2023
Achieve your financial goals with St James’ Place
Advertisement Feature

Achieve your financial goals with St James’ Place

If you want 2023 to be the year you improve your financial position and help grow your money, then St. James’s Place can support.
1 Feb 2023

Most Popular

Top 10 areas most immune to a house price crash
House prices

Top 10 areas most immune to a house price crash

New research pinpoints the towns, cities and London boroughs most insulated from house price falls this year - and which are the most exposed.
31 Jan 2023
When will interest rates go up?
UK Economy

When will interest rates go up?

New interest rates will be announced on 2 February – we look at what to expect.
1 Feb 2023
Top 10 up and coming property areas in the UK
Property

Top 10 up and coming property areas in the UK

New research shows rural areas make for the best investment, while London boroughs dominated the bottom 10
31 Jan 2023