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Glossary > N > "Narrow Basis" Definition

Narrow Basis

A condition found in futures markets whereby the spot price of underlying commodities is close to the futures price of the same contract.

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Narrow Basis \ A condition found in futures markets whereby the spot price of underlying commodities is close to the futures price of the same contract.

Narrow Basis / a condition found in futures markets whereby the spot price of underlying commodities is close to the futures price of the same contract.