The relentless progress of commodity exchanges in the establishment of primary commodity prices

被引:5
|
作者
Radetzki, Marian [1 ]
机构
[1] Lulea Univ Technol, S-95187 Lulea, Sweden
关键词
Price determination; Commodity exchanges; Aluminum; Nickel; Oil;
D O I
10.1016/j.resourpol.2013.04.001
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
A continuously expanding group of commodities are being priced on commodity exchanges. This paper explains the causes to the increasing preference of exchanges as pricing instruments. It also provides the detail of the shift in the 1970s and 1980s from producer determined prices to prices set by commodity exchanges for three major commodities aluminum, nickel and petroleum. (C) 2013 Elsevier Ltd. All rights reserved.
引用
收藏
页码:266 / 277
页数:12
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