By Michael Tamvakis
What impacts the provision of oil? How very important is the elements in settling on grain costs? Why has the cost of copper skyrocketed?
This detailed ebook analyses the economics of key commodity teams, together with strength, agriculture and metals. It examines the supply/demand basics of numerous significant and minor commodities, actual features, creation and intake styles, exchange flows and pricing mechanisms. It additionally explains the major instruments used to hedge fee possibility, equivalent to futures, ideas and swaps.
This moment variation has been absolutely revised and restructured, and comprises 4 new chapters, together with oil refining, electrical energy and value probability administration for strength, metals and agricultural commodities
This ebook is an integral reference textual content for college students, lecturers and people operating within the commodity business.
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Commodity Trade and Finance (The Grammenos Library) by Michael Tamvakis