Invisible Supply
Physical stocks of a commodity that are available for delivery upon futures contracts, but whose quantities cannot be accurately identified. Investopedia Says:
The invisible supply of commodities underlying futures contracts can be found in the hands of different manufacturers, producers, and wholesalers. Because this lump of goods is located outside of conventional commercial channels, accurate accounting for the quantities available is difficult. Related Terms:
Actual
Approved Delivery Facility
Cash Commodity
Certificated Stock
Commercial Grain Stock
Commodity
Futures Contract
Grading Certificate |