Cash Price (Noun)
Meaning
The current delivery price of a commodity traded in the spot market.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The cash price of the commodity was significantly lower than the futures price due to high demand.
- Analysts closely monitor the cash price to determine market trends and predict future price movements.
- As a result of supply chain disruptions, the current cash price of the commodity has skyrocketed in recent weeks.
- Market participants compared the cash price of the commodity to its historical averages to identify potential investment opportunities.
- Traders were willing to accept the higher cash price for the commodity due to its immediate availability and quality.