Spot prices

RECENT NEWS
Mining Weekly  Apr 22  Comment 
Silver producer Primero Mining on Monday announced it has produced the yearly threshold of 3.5-million ounces of silver and will begin selling 50% of the silver produced at San Dimas at spot prices for its own account until August 5. Primero said...
Reuters  Oct 19  Comment 
Asian spot prices of liquefied natural gas (LNG) for November edged higher this week to just over $13 per million British thermal units (mmBtu) on increased demand ahead of winter.
OilVoice  Oct 19  Comment 
Asia liquefied natural gas LNG spot prices for Novemberdelivered shipments rose for the first month in four gaining 0.3 to 13.005 per million British thermal units MMBtu during the traditiona
Reuters  Sep 24  Comment 
The consortium developing Azerbaijan's giant Shah Deniz II gas field is open to offering some buyers gas supplies fully linked to spot prices, BP's Vice-President for Shah Deniz Development Alastair Cook told Reuters on Monday.
The Hindu Business Line  Aug 31  Comment 
Barely continued to lose froth as futures and spot prices continued to decline on Friday. With monsoon making up in August for the deficiency and lashing growing areas, speculators have...
Mining Weekly  Aug 9  Comment 
Spot iron-ore prices fell to the lowest level in more than two-and-a-half years, weighed by sluggish demand in top consumer China, with near record low steel prices in China suggesting prices will remain under pressure in the near term. Benchmark...




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Spot prices refer to the current market price of some product, usually a commodity, currency or rate, for the immediate delivery of said product. Spot prices differ from futures prices, in that a futures contract specifies an amount of money to be paid for a deliverable commodity at a later date, whereas spot prices can be thought of as the amount of money a buyer would pay a producer for the former to throw the commodity into the back of the latter's truck right now.

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