premium 、 backwardation 、 contango区别? premium ---the amount by which a forward rate exceeds a spot rate. 升水:期货价格高于现货价格。 contango --market situation in which price s in succeeding delivery month s are progressively higher than in the nearest delivery month . 期货升水:市场上远期交付货物的价格高于近期交付的。 backwardation -- market situation in which futures price s are lower in each succeeding delivery month . also known as an inverted market . the opposite of contango . 期货贴水(中文略 .. ) 定义见 http://en.mimi.hu/stockmarket/contango.html 查看更多