Hi Mikael,

Thanks for making it clear to me: I was looking for the changes in vertical spacing around the formula… Now it is clear that there is a bug in the vertical spacing: when I typeset your example with mkii or mkiv ConTeXt Version 2016.05.17 from TeXLive, the issue is not present, as one may see from the attached output.

Maybe you should open a new thread with a title like « Bug in vertical spacing of paragraphs » so that Hans may see it more easily.

Best regards: OK