Spotpriset

Spotpriset is a term used in Danish and Norwegian markets to denote the spot price—the current market price for immediate delivery of a commodity or financial instrument. In practice, the spot price reflects the price at which a trade can be settled today or in the very near term, as opposed to prices for delivery at a future date.

Spotpriset is determined by activity on the spot market, where buyers and sellers execute trades for immediate or near-immediate delivery. The price is typically the most recent traded price or a published reference price from exchanges or market operators. In energy markets, spot prices are often location-specific, reflecting network constraints and local supply-demand conditions at a given hub or region.

The spot price is distinct from forward or futures prices, which describe agreements to buy or sell later, at a price fixed today. Spot prices can be highly volatile, influenced by inventory levels, weather, geopolitical events, currency movements, and storage costs. The volatility is especially pronounced in energy markets, where physical delivery and transmission limits play a major role.

Spot prices are used by traders, producers, and consumers for price discovery, hedging, and short-term planning. They also form the basis for day-ahead and real-time market settlements in many regions. While the term is most common in Scandinavian languages, the concept exists globally under the English term “spot price.”