Skip to main content
Search
1-20 of about 3,851 results
N D D E V E L O P M E N T and A r b eiterk ammer W ien Price formation in financialized commodity markets The role of information EMBARGO The contents of this Publicationmust not be quoted summarized in the print, broadcast or electronic media before 5 June 2011, 17:00 hours GMTPrice Formation in Financialized Commodity Markets: The Role of Information Study prepared by the secretariat of the United Nations Conference on Trade and Development UNITED NATIONS New York and …
Date: 06 May 2011 Size: 2MB

The increasing presence of financial investors in commodity markets … increased and subsequently declined across all major categories of commodities, suggests that, beyond the specific functioning of commodity markets, broader macroeconomic and financial factors that operate across a large number of markets need to be considered to fully understand recent commodity price developments.A major new element in commodity trading is the greater importance of financial investment on commodity exchanges …
Date: 10 Jan 2009 Size: 1MB

11 VI. ADDITIONAL INFORMATION ON COMMODITY MARKETS … 16 D. Commodity exchanges … Whatever the case may be, as expectations play a strong role in commodity price formation, the need for improved transparency and better information – not only about developments in futures markets, including over-the-counter commodity derivatives, but also in physical markets – has become widely accepted.2 This would reduce uncertainty about the evolution of the markets and help improve their functioning …
Date: 30 Jun 2011 Size: 1MB

To complicate matters, growing use of the Internet has resulted in such an abundance of unreliable news and data on commodity markets that it is time-consuming and costly to identify what is relevant and accurate … The programme is based on the following four modules: INFOCOMM – increasing commodity market transparency The INFOCOMM electronic portal provides up-to-date information in three languages – English, French and Spanish – on factors influencing commodity markets … The first tool, to be ready …
Date: 10 Jun 2005 Size: 190KB

the fact that prices increased and subsequently declined across all major categories of commodities, suggests that, beyond the specific functioning of commodity markets, broader macroeconomic and financial factors Chapter II The Financialization of Commodity Markets A. Introduction54 Trade and Development Report, 2009 that operate across a large number of markets need to be considered to fully understand recent commodity price developments …
Size: 1MB

2 Unravelling the underlying causes of price volatility in world coffee and cocoa commodity markets Noemie Eliana Maurice1 and Junior Davis2 Abstract: In recent years, Commodity Dependent Developing Countries (CDDCs) have faced multiple global food, energy and climate crises, compounded by the recent financial and economic crises, which have increased their vulnerability to excessive price volatility in commodity markets
Size: 1MB

REPORT, 2011 UNITED NATIONS New York and Geneva, 2011 UNCTAD/TDR/2011 Chapter V FINANCIALIZED COMMODITY MARKETS: RECENT DEVELOPMENTS AND POLICY ISSUESFinancialized Commodity Markets: Recent Developments and Policy Issues 111 Recent developments in primary commodity prices have been exceptional in many ways … Net commodity importing countries tend to experience a deterioration in their terms of trade and current account balances as a result of global price hikes …
Size: 1MB

1 UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT Excessive commodity price volatility: Macroeconomic effects on growth and policy options Contribution from the UNCTAD secretariat to the G20 Commodity Markets Working Group 30 April 2012 2 Contents EXECUTIVE SUMMARY … 31 5.1 Policy options to manage commodity price volatility …………………… 31 5.1.1 Promoting market transparency and data availability – towards a Base Metals Market Information System (BAMIS … 35 Box 3 Coping with commodity-price inflation …
Date: 30 Apr 2013 Size: 298KB

and Development Second session Geneva, 24–25 March 2010 Item 3 of the provisional agenda Developments and challenges in commodity markets: current situation and outlook Recent developments in key commodity markets: trends and challenges Note by the UNCTAD secretariat Executive summary The boom in most commodity markets in 2008 propelled nominal prices to historical peaks – and also in real terms for metals, minerals and crude oil – by …
Date: 01 Dec 2010 Size: 121KB

But with the volumes of exchange-traded derivatives on commodity markets now being 20 to 30 times larger than physical production, the influence of financial markets has systematically transformed these real markets into financial markets … Price volatility has long been a major feature of commodity markets, given the tightness in many global commodity markets and the inelasticity of demand … Commodity markets increasingly integrated with financial markets … investors in all these markets
Size: 335KB

18 B. The evolution of endogeneity in commodity futures markets … 31Quantification of the High Level of Endogeneity and of Structural Regime Shifts in Commodity Markets Vladimir Filimonov,* David Bicchetti,** Nicolas Maystre** and Didier Sornette*** Abstract We propose a “reflexivity” index that quantifies the relative importance of short-term endogeneity/reflexivity for several commodity futures markets (corn, oil, soybeans, sugar, and wheat) and a benchmark equity futures market (E-mini S&P 500 …
Size: 2MB

THE SYNCHRONIZED AND LONG-LASTING STRUCTURAL CHANGE ON COMMODITY MARKETS: EVIDENCE FROM HIGH FREQUENCY DATADavid Bicchetti and Nicolas Maystre No. 208October 2012Acknowledgements: The … The authors are also grateful for the support provided by Andrew Silva on research assistance, by Makameh Bahrami, Bridie Lewis and … 20List of figures 1 Number of trades recorded in the Thomson Reuters Tick History database by commodity, 1996–2011 …
Size: 2MB

A/66/207 2 11-43642 Report of the secretariat of the United Nations Conference on Trade and Development on world commodity trends and prospects Summary Over the past 12 months, commodity markets have recovered from the lows of the 2008-2009 global economic and financial crises, with prices reaching record levels in 2011, in exceptionally volatile markets … 4. Growing price volatility in commodity markets has prompted collaborative global action directed towards seeking out potential solutions …
Size: 313KB

Geneva, 21–22 April 2016 Item 3 of the provisional agenda Recent developments and new challenges in commodity markets, and policy options for commodity-based inclusive growth and sustainable development Note by the UNCTAD secretariat Executive summary This paper reviews recent developments in key commodity markets and analyses the factors that contributed to fluctuations in commodities prices in 2015 …
Size: 461KB

Development Third session Geneva, 23–25 March 2011 Item 3 of the provisional agenda Developments and challenges in commodity markets: current situation and outlook Recent developments in key commodity markets: trends and challenges Note by the UNCTAD secretariatPF*FP Executive summary The trend in commodity prices during 2010 was driven by a strong demand for commodities in emerging Asian economies, stock replenishment in …
Date: 21 Jan 2011 Size: 136KB

Geneva, 20–21 March 2013 Item 3 of the provisional agenda Recent developments and new challenges in commodity markets, and policy options for commodity-based inclusive growth and sustainable development Recent developments and new challenges in commodity markets, and policy options for commodity-based … The uncertainty of world economic prospects weighed heavily on commodity markets, particularly for oil, minerals, ores and metals … 3 B. Developments in key commodity sectors …
Size: 1MB

Presented by Robert Fig UNCTAD 21 April 2016 – London Recent developments and new challenges in the commodity markets: Minerals Ores and Metals 1 The Ring: global reference price The home of global metals markets since 1877 with London trading routes back to 1500’s 1800’s 1950’s 1994-2016 Leadenhall Street 1970s 2016 #10 Finsbury Square …
Size: 1MB

officers 2. Adoption of the agenda and organization of work 3. Recent developments and new challenges in commodity markets and policy options for commodity-based inclusive growth and sustainable development 4. Commodity dependence and the Sustainable Development Goals 5. Adoption of the report of the meeting II … The note reviews recent developments in key commodity markets and analyses the factors that contributed to the trends in commodity prices observed in 2016 …
Size: 327KB

Bureau meeting on 30 November 2012, are as follows: (a) Monitor the developments, opportunities and challenges in commodity markets, giving due attention to those commodity sectors that are relevant to commodity-dependent developing countries (CDDCs); (b) Review policies and strategies that propel commodities as an engine of sustainable and …
Size: 223KB

and Development Fourth session Geneva, 25–26 January 2012 Item 3 of the provisional agenda Developments and challenges in commodity markets: current situation and outlook Recent developments in key commodity markets: trends and challenges Note by the UNCTAD secretariat Executive summary The trend in commodity prices during 2011 was driven by a strong demand for commodities in emerging Asian economies and stock replenishment … Price volatility in these markets is highly contingent on supply …
Date: 11 Sep 2011 Size: 151KB