I consider gold 's backwardation as a leading indicator to a dramatic increase in prices .

我认为黄金的现货溢价正是黄金价格显著上涨的一个领先指标。

In shanghai , copper futures continue to be in backwardation which means that future prices are lower than current prices .

在上海，期铜价格继续维持“现货升水”行情，即期货价格低于现货价格。

Shortage of supply is often to blame for backwardation , because demand for the spot or cash product rises sharply , but the futures price stays steady because more supplies are expected in the future .

现货升水通常是现货需求急升导致供应短缺所致，但与此同时期货价格则因预期未来供应增加而保持平稳。

Well not if you look at the futures market , which is in backwardation now and it 's predicting major drops in the price of oil .

如果你看一下期货市场就会发现不是的，那里正在进行现货溢价，并预测石油价格会大幅下降。

Rising lease rates will cause gold to go into backwardation as holders of gold may not want to sell their gold forward under any circumstances a trend currently evidenced by the high physical premium being paid for gold coins .

黄金租赁价格不断上涨，将导致黄金进入现货升水状态，因为黄金持有者在任何情况下都不愿出售远期黄金，目前金币售价出现较高的现货升水就证明了这一趋势。