Investor demand and spot commodity prices

Resources Policy

Volumn 36, Issue 3, 2011, Pages 187-195

  Tilton, John E ^a,b   Humphreys, David ^c   Radetzki, Marian ^d  

^a Department of Geology and Geological Engineering   (United States)

^b PONTIFICIA UNIVERSIDAD CATÓLICA DE CHILE   (Chile)

^c Rio Tinto and Norilsk Nickel   (United Kingdom)

^d LULEÅ UNIVERSITY OF TECHNOLOGY   (Sweden)

Author keywords

Commodity prices; Copper; Investor demand and stocks; Speculation; Spot and futures markets; Strong and weak contango

Indexed keywords

COMMODITY PRICES; CONTANGO; FUTURES MARKET; INVESTOR DEMAND AND STOCKS; SPECULATION;

COMMERCE; COSTS;

INVESTMENTS;

COMMODITY PRICE; COPPER; DEMAND ANALYSIS; INVESTMENT; STOCK MARKET;

EID: 79961026125     PISSN: 03014207     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.resourpol.2011.01.006     Document Type: Article

References (21)

1. CFTC, 2011. Index investment data, U.S. Commodity Futures Trading Commission, Washington, DC, available at http://www.cftc.gov/MarketReports/IndexInvestmentData/index.htm.
2. Economist, 2007. Oil is Not Well, 11 January.
3. Financial Times, 2008a. Soros Blasts Commodity Bubble, 4 June.
4. Financial Times, 2008b. Commodity Speculation Must be Curbed, 25 July.
5. Financial Times, 2010. EU to Rein In Commodity Speculation, 20 September.
6. Gilbert, Christopher L., 2008. Commodity Speculation and Commodity Investment, October 2008. The original version of this paper was prepared for the conference "The Globalization of Primary Commodity Markets," Stockholm, 22-23 October 2007.
7. Gilbert, Christopher L., 2010. Speculative influences on commodity futures prices 2006-2008, UNCTAD Discussion Paper No. 197, March.
8. Gorton Gary, Rouwenhorst K.Geert Facts and fantasies about commodity futures. Financial Analyst Journal 2006, March.
9. HM Treasury Global Commodities: A Long Term Vision for Stable, Secure and Sustainable Global Markets 2008, HM Treasury, London, June.
10. Hollands, Peter, 2010a. Investment in copper futures as a new, yet still readily understood, fundamental force in the market, Bloomsbury Minerals Economics. In: Proceedings of Presentation for International Copper Study Group September Meeting, Antofagasta, Chile.
11. Hollands, Peter, 2010b. Private communication with authors, 3 December 2010.
12. IMF, 2006. World economic outlook, International Monetary Fund, Washington, DC, Ch. 5.
13. IMF, 2010. Global prospects and policies, International Monetary Fund, Washington, DC, Chapter 1, Appendix 1.
14. Irwin, Scott H., Sanders, Dwight R., 2010. Speculation and financial fund activity: draft report, annex 1. In: Proceedings of OECD Working Party on Agricultural Policies and Markets, 17-20 May.
15. Kaufman, F, 2010. The food bubble. Harper's Magazine, July.
16. Kemp, J., 2010. Exchange-traded commodities double in 2009. Reuters News, January 15.
17. Krugman, Paul, 2008. The oil nonbubble. New York Times, May 12. Available at http://www.nytimes.com/2008/05/12/opinion/12krugman.
18. Masters, Michael W., 2009. Testimony before the Commodities Futures Trading Commission, Washington, DC, 5 August.
19. UNCTAD, 2009. The financialization of commodity markets. In: Proceedings of The United Nations Conference on Trade and Development, Geneva, Switzerland.
20. U.S. Interagency Task Force on Commodity Markets, 2008. Interim Report on Crude Oil, Washington, DC, July. Available at http://www.cftc.gov/ucm/groups/public/@newsroom/documents/file/itfinterimreportoncrudeoil0708.pdf.
21. Verleger, Philip, K., 2007. How Wall Street controls oil. The International Economy, Winter.