Question: When a commodities trader loses money because she has to roll to the next contract, which is priced higher than the current (maturing) contract, the

When a commodities trader loses money because she has to roll to the next contract, which is priced higher than the current (maturing) contract, the state of the commodity is called...

Question 44 options:

Backwardation

Contango

Normal backwardation

Normalization

Downward efficiency

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