FINANCIAL INVESTORS IN INTERNATIONAL RAW MATERIALS AND FOOD MARKETS AND PRICE MOVEMENTS OF THOSE COMMODITIES

Information
Title: FINANCIAL INVESTORS IN INTERNATIONAL RAW MATERIALS AND FOOD MARKETS AND PRICE MOVEMENTS OF THOSE COMMODITIES
Issue: Vol. 3, No 1, 2010
Published date: 20-05-2010 (print) / 20-05-2010 (online)
Journal: Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Authors: Jerzy Dudziński
Keywords: world prices, financial crisis, financialisation, commodity markets
DOI: 10.14254/2071-789X.2010/3-1/3
DOAJ: https://doaj.org/article/e061ad5dd90c4760b0185b76f3096e99
Language: English
Pages: 25-33 (9)
JEL classification: O16
Website: https://www.economics-sociology.eu/?89,en_financial-investors-in-international-raw-materials-and-food-markets-and-price-movements-of-those-commodities
File http://www.economics-sociology.eu/files/03%5B5%5D.pdf
Abstract

In the paper an attempt is made to analyse the impact of the involvement of financial investors on primary commodity prices in the international market. This phenomenon has been identified as a relatively new yet important attribute of the contemporary world economy. The activity of financial investors has affected the raw materials markets in a way that makes them resemble financial markets. As a consequence, the global financial crisis has been reflected not only in price drops for financial assets (shares, real estate) but also in a slump in the prices of raw materials and food in the international market.