Furthermore, secured claims and administrative expense claims are paid ahead of unsecured claims. To make matters a bit more Â­confusing, Section 364(c)(1) provides that certain Â­super-priority claims are to be paid even Â­before administrative expense claims.
The market price of a commodity that is quoted in the news is often the market futures price for that respective commodity. As with equity securities, a commodities futures price is determined primarily by the supply and demand for the commodity in the market. For example, let's look at oil. If the supply of oil increases, the price of one barrel of oil will decrease.
âSpot Priceâ, the COMEX and Other Futures Market Exchanges What is the Relationship between Spot Price and Future Price? Futures exchanges are where the âspotâ prices for the precious metals are set. For gold and silver investors, the spot price is the one most commonly used. It is the price you see on CNBC, in the newspaper. Technically âspotâ refers to the price at which a futures contract for nearest active delivery month was most recently traded.