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 explainsthe 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.
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
Focusing on the business and economic aspects of the maritime and transport industry, these practical titles are designed for industry professionals, and discuss diverse topics such as port infrastructure finance, commodity trade, and piracy.
Some of our key titles include the second edition of Handbook of Maritime Economics and Business and Maritime Safety Piracy and Security.