Commodity Trade and Finance

ISBN-13: 9780415732451 / Angielski / Twarda / 2015 / 508 str.

Michael Tamvakis

Opis

What affects the supply of oil? How important is the weather in determining grain prices? Why has the price of copper skyrocketed? This unique book analyses the economics of key commodity groups, including energy, agriculture and metals. It examines the supply/demand fundamentals of several major and minor commodities, physical characteristics, production and consumption patterns, trade flows and pricing mechanisms. It also explains the main tools used to hedge price risk, such as futures, options and swaps. This second edition has been fully revised and restructured, and contains four new chapters, including oil refining, electricity and price risk management for energy, metals and agricultural commodities This book is an indispensable reference text for students, academics and those working in the commodity business.

Spis treści

Chapter 1: Fundamental Energy Economics  Chapter 2: Crude oil  Chapter 3: Refined Oil Products  Chapter 4: Natural Gas  Chapter 5: Coal  Chapter 6: Electricity  Chapter 7: Energy Derivative Markets  Chapter 8: Fundamental Mineral Economics  Chapter 9: Iron Ore and Steel  Chapter 10: Aluminium  Chapter 11: Copper  Chapter 12: Metal Derivative Markets  Chapter 13: Fundamental Agricultural Economics  Chapter 14: Grains  Chapter 15: Soft Commodities  Chapter 16: Agricultural Derivative Markets

O autorze

Michael Tamvakis is Professor of Commodity Economics and Finance at Cass Business School, where he lectures in international commodity trade, commodity derivatives and trading, energy economics and shipping economics.