Matches in DBpedia 2015-10 for { ?s ?p "The Theory of Storage describes features observed in commodity markets:When available supplies of the commodity in question are high, and the working inventories of commercial consumers of that commodity are accordingly held to a minimum, Futures prices tend to be in contango The volatility of spot and futures prices tend to be low, and futures premiums rise to the full cost of storageWhen supplies are tight, and purchasing managers build production inventory levels to ensure availability, Futures prices tend toward backwardation The volatility of cash and the nearby futures prices rises with respect to that of the more distant futures contractsThe theory of storage was originally developed and described by Holbrook Working in 1933. "@en }
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- Theory_of_storage comment "The Theory of Storage describes features observed in commodity markets:When available supplies of the commodity in question are high, and the working inventories of commercial consumers of that commodity are accordingly held to a minimum, Futures prices tend to be in contango The volatility of spot and futures prices tend to be low, and futures premiums rise to the full cost of storageWhen supplies are tight, and purchasing managers build production inventory levels to ensure availability, Futures prices tend toward backwardation The volatility of cash and the nearby futures prices rises with respect to that of the more distant futures contractsThe theory of storage was originally developed and described by Holbrook Working in 1933. ".