spot quotation; spot price
Financial term for the current market price of a commodity or security for immediate delivery, as opposed to futures prices.
The spot price can be higher than the futures price.
The spot price of crude oil surged.
先物相場 refers to futures prices, while 現物相場 refers to spot (current) prices.
Compound of 現物 (genbutsu, 'actual goods/spot') and 相場 (sōba, 'market price').