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.