spot price


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Related to spot price: strike price

spot price

price of a product available for immediate delivery.
References in periodicals archive ?
East Asian spot prices have traded at a big premium to Europe in recent winters amid high weather-driven demand, nuclear outages in Japan and higher oil prices.
Japan's Ministry of Economy Trade & Industry (METI) is involved in this, having recently begun issuing releases about the average spot prices of LNG based on actual transactions made; and this has helped reduce spot prices for supplies reaching Japan.
The intrinsic value of a call option is the maximum of zero and the difference between the spot price and strike price, that is, Max (0, Sp-St).
If the spot price falls below the strike price ( in case of a call buyer) or the spot price rises above the strike price ( in case of a put buyer), the buyer will let the option expire worthless, and so, its value cannot be less than zero.
where [mu] and [sigma] are functions of the spot price and d[sigma] is the increment of a Wiener process.
The spot price of oil is a misnomer: Because the oil is deliverable in one month, its price is essentially equivalent to the one-month futures price.
Europe Polyethylene (PE): LDPE GP Film, Spot Price, FD NWE LLDPE Butene, Spot Price, FD NWE Polypropylene (PP): Homopolymer Raffia, Spot Price, FD NWE Homopolymer Injection, Spot Price, FD NWE
If the actual spot price on the expiration date differs from the futures price, one party will regret signing the contract.
The spot price, paid by traders and a major factor in the one drivers see at the pump, was at $1.
Significant changes in spot prices tend to show up in retail prices with some time delay, and EIA theorized that this could be explained by a distributed lag: the impact of a spot price change in a given week might be spread over several following weeks at the retail level.
In an exclusive survey by Inside FERC's Gas Market Report, whose spot price surveys set the benchmark prices for most monthly spot contracts in North America, the average price of natural gas delivered to the premium New York and New Jersey markets for November was $3.
In the first attempt to value investment projects in natural resources using this new approach (see, for example, Brennan and Schwartz, 1985), the spot price of the commodity was assumed to follow geometric Brownian motion similar to the process assumed for stock prices in the option-pricing literature.