By Michael Tamvakis
What impacts the provision of oil? How very important is the elements in picking grain costs? Why has the cost of copper skyrocketed?
This certain ebook analyses the economics of key commodity teams, together with strength, agriculture and metals. It examines the supply/demand basics of a number of significant and minor commodities, actual features, creation and intake styles, alternate flows and pricing mechanisms. It additionally explains the major instruments used to hedge rate possibility, equivalent to futures, techniques and swaps.
This moment version has been totally revised and restructured, and comprises 4 new chapters, together with oil refining, electrical energy and value chance administration for power, metals and agricultural commodities
This booklet is an imperative reference textual content for college kids, lecturers and people operating within the commodity business.
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Commodity Trade and Finance (The Grammenos Library) by Michael Tamvakis