spot delivery

The customer should be prepared for on the spot delivery.

And the last trading day in the spot delivery is Dec. 28."

"The shorts paid the price of being wrong, and we think the new spot delivery, June, is fairly priced."

One reason, they said, was that the new spot delivery month for corn, wheat and oats is September.

Soybeans for spot delivery fell to a 22-month low, and energy futures were sharply lower.

It was the highest price since Dec. 30, 1988, when the spot delivery closed at 53.48 cents.

During the session the unrestricted spot delivery was up $1.50 a barrel.

The new spot delivery, June, advanced 47 cents, to $21.28 a barrel.

Spot delivery of steel by the megaton, anywhere whatever on Earth's surface, at exactly the same low cost follows.

But we saw many of those who sold the spot delivery short paying dearly to get out of their positions.

Copper for spot delivery settled at $1.478 a pound.

Platinum for spot delivery finished at $534.20, a high for the new year.

The power of that psychology over prices has intensified in recent years with the growth of electronic trading for future and spot delivery.

Soybean oil and meal also ended with limit gains, except for the unrestricted spot delivery, which closed much higher.

Gold for spot delivery finished at $391 an ounce, the first close above $390 since Feb. 9.

Gold rallied strongly at the opening but encountered strong resistance as the spot delivery price approached $375 an ounce.

Nickel for spot delivery was quoted recently at $8,305 a ton on the London Metals Exchange.

Copper futures settled 1.5 cents to 3.5 cents lower, with the contract for spot delivery at $1.291 a pound.

Corn rose in sympathy with the oilseeds, with the spot delivery closing up 15 cents a bushel, at $2.945.

"After the commission houses and most of their customers get out of the July contracts, the commercials will move to stop what spot deliveries remain," he said.

Saul & Cappell had been out of kitchenware except for spot deliveries, sold the day they arrived, ever since late September!

Comex officials have "encouraged" traders to settle the December contract by raising cash margins retroactively on the spot delivery to uncommonly high levels.

Because the spot delivery is free of price restrictions, unleaded gasoline for April delivery soared 3.01 cents, to a new contract high of 63.19 cents.

Gold settled $7.10 to $7.60 higher, with the contract for spot delivery at $378.50 an ounce and the more actively traded August contract at $381.80.

Copper for spot delivery settled 3.7 cents higher, at $1.417 a pound, just 4.3 cents below the Comex high of $1.46 reached last Dec. 31.