Price formation in commodities markets : financialisation and beyond : report of a CEPS-ECMI Task Force /
This report attempts to demystify the sphere of commodities markets worldwide by providing an in-depth examination of the major commodity groups, focusing on product characteristics, supply chains, pricing, liquidity, financial intermediation, industry players and the interplay between derivatives m...
| Other Authors: | , , , , |
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| Format: | Book |
| Language: | English |
| Published: |
Brussels :
Centre for European Studies,
2013.
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| Subjects: |
| Summary: | This report attempts to demystify the sphere of commodities markets worldwide by providing an in-depth examination of the major commodity groups, focusing on product characteristics, supply chains, pricing, liquidity, financial intermediation, industry players and the interplay between derivatives markets and the underlying physical goods. In so doing, the report contributes to the international debate with important information about the diverse market structures across commodities, including supply and demand elasticities, concentration of ownership, infrastructure organisation and layers of financial participation. While describing the endogenous factors, it also examines the increasing role of exogenous factors now impacting commodities. Finally, it assesses the drivers of the growth of derivatives markets and their impact on price formation. |
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| Item Description: | "This report is based on discussions during the CEPS-ECMI Task Force meetings on price formation in commodities markets, which were held on six occasions across 2011 and 2012. A preliminary version of this report was published on the CEPS website and presented at an event at CEPS on 9 July 2013."--verso. "September 2013"--Title page. |
| Physical Description: | ii, 376 pages : illustrations ; 30 cm. |
| Bibliography: | Includes bibliographical references (pages 295-302). |
| ISBN: | 9789461381835 (paperback) 9461381832 (paperback) |