INDICATORS

Spot/contract spread

Tests whether spot prices are turning ahead of contract prices.

2026-08-09

Current

18.4 %

Spot/contract spread18.4%

Tests whether spot prices are turning ahead of contract prices.

Formula

Normalized inputs are calculated with versioned weights.

Confirmation

At least two independent indicators move in the same direction.

Invalidation

Input revisions or structural market change trigger reassessment.