spot price

American  

noun

1. the price of spot goods or of commodities on the spot market.

---

spot price British  

noun

1. the price of goods, currencies, or securities that are offered for immediate delivery and payment

---

Example Sentences

There are various elements of the current memory cycle that might have been concerning in past ones, Moore noted, pointing to flattening spot prices and big increases in capital spending from memory makers.

From MarketWatch

Smith warned that too many liquefaction projects are still being proposed, often at economics that depend on selling excess cargoes at elevated spot prices.

From Barron's

LNG exporters would be the most obvious beneficiaries, particularly Venture Global, which has the most exposure to spot prices that react quickly to market changes.

From MarketWatch

The longer crude oil’s spot price stays above $100 a barrel and jet fuel is $4 or more per gallon, the more likely it is that overall inflation picks up, they say.

From The Wall Street Journal

Rather than simply betting that certain commodity prices will rise, this strategy takes advantage of periods when current spot prices are high and demand is expected to decline later.

From MarketWatch