Definitions

1. noun

A condition in futures markets where the price of a commodity for future delivery is higher than the spot price, typically due to supply and demand imbalances, or manipulation.

“The contango in the oil futures market is causing investors to lose money on their long-term investments.”

2. verb

To manipulate or exploit market conditions, such as contango, to gain an unfair advantage.

“The trader was accused of contangoing the market by artificially inflating the price of the commodity.”