DEFINITION of 'Hardening'

1. A term used to describe a price of commodity or futures contracts that is gradually stabilizing.

2. A futures market that is slowly advancing in prices.


1. After a rise or fall in prices, a slow return to historically accepted levels is considered a hardening.

2. The prices of future contracts are considered to be hardening if they are increasing slowly, unlike a bulge market, in which the prices rise sharply.

  1. Bulge

    A fast increase in a security's or commodity's trading price. ...
  2. Break

    A term used in futures markets to describe a rapid and sharp ...
  3. Buoyant

    The term used to describe a commodities market where the prices ...
  4. Commodity

    1. A basic good used in commerce that is interchangeable with ...
  5. Buyer's Market

    A situation in which supply exceeds demand, giving purchasers ...
  6. Futures Contract

    A contractual agreement, generally made on the trading floor ...
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