41. One implication of this is that the presence of a forward market will force spot prices to reflect current expectations of future prices. 42. The maize price delivery in May was quoted at US $ 2.54 per bushel on the Chicago commodity forward market on April 1. 43. In the forward market , December Tapis was assessed at $ 17 . 60-17 . 65 / bbl, about 5-10 cents higher from Friday. 44. Three-month rates in the currency forwards market show traders expect the mark to stay at about 1.39 per dollar in the coming quarter. 45. In the forward market , January Tapis was at $ 19 . 65-$ 19 . 75 / bbl, up about 30 cents from yesterday. 46. Because the spot rate is at 999, investors in the forward market are demanding a 41 percent return to hold won for a year. 47. Duke says that much of its California power was sold last year on the forward markets , not the more volatile and higher-priced spot markets. 48. Since the dollar is not priced at 40 in the forward market until May, an exporter has no incentive selling dollars in the forward market . 49. Three-month rates in the currency forwards market show traders expect the mark to stay at about 1 . 39 per dollar in the coming quarter. 50. If the forward market is in " contango " the forward price is higher than the current spot price the strategy is very successful.
