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Questions tagged [commodities]

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23 views

Economic Achilles' heels of global financial economy

The latest attacks on oil production in Saudi-Arabia highlights the need for risk managers to follow up on possible terrorist targets that can have a global impact on the global financial economy, ...
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12 views

What can we infer when a commodity has a high stock-to-flow ratio?

If one commodity has a higher stock-to-flow ratio than another, what does this market signal tell us about that commodity? If it makes a difference, I'm talking about when this is a long-term ...
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45 views

Why has gold dropped during the same week as Deutches Bank faces great difficulties

I chose the phrasing "great difficulties" to be polite. The "capital release unit" seems to be a bit of a desperate action from the bank, coupled with further complications involving bad press made ...
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15 views

Characterizing nations in global commodity market

I'm not an economist, so I'm looking for help making sure I'm not reinventing the wheel, or if I am, that it's at least round. I've been set the task of modeling a multi-step supply chain using UN ...
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2answers
58 views

What impact would introducing 15 times more soy worldwide do to the price of soy?

Soy is a commodity and the main export of Argentina. It is said Argentina has 40 million of hectares of arable land and it produces food for 400 million persons and that potentially could make food ...
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19 views

Average Return for Commodity

Suppose I have a function of a varying values represented by randomness. A stock or price of a commodity would be a good example. What is the average return for that stock on any given interval of ...
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1answer
31 views

Is it possible to commodify the State?

Karl Marx said that capitalism commodifies everything. So I'm wondering if that rule applies to the very State itself.
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16 views

What are the issues with currencies backed by commodities?

I have seen it suggested that currencies that are backed by a commodity are generally considered to be a bad idea in most cases. However, I have done a bit of my own research into representative money ...
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27 views

Will there be any significant impact if oil was priced/traded in another currency other than USD?

There is an abundance of conspiracy theories online that the USD is propped up in part by the fact that oil is traded in USD, and that countries which think about allowing trades in a different ...
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19 views

How to understand the USDA Demand/Supply report ?

Need you help .. Have couple questions about the Wheat Report M Acres stands for ? Million acres ? Yield Bu/Acre , can anybody explain this calculation ? Stocks use ratio % , how the calculation ...
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2answers
36 views

Labor time and the exchange value (Marx). What about the quality of the raw materials?

Karl Marx writes in his book "capital", that the exchange value of a commodity is determined by the necessary average labor required to produce the commodity. The labor is measured in time. Here's my ...
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117 views

Pro and cons to finding coal

I found some Anthracite coal. I know a coal bed of this quality is worth money? I also know that there is a "no pun intended" carbon foot print if I decide to share my findings to others. Economics ...
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1answer
16 views

Gold charts on different currencies

I have this two charts of gold prices for the last 60 days. One is in Dollars and the other in Euros. Why they are not an exact match?
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15 views

In what contexts are stable markets sub-optimal?

My understanding is that market stability is a good thing, because it allows more reliable estimates of profits (revenues minus expenses) and expected return-on-investment related to new investments. ...
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2answers
115 views

What are the most common methods of determining valuation used by economists that claim Bit-Coin is on the verge of being a bubble

I have seen many economists saying that bit-coin is highly overvalued and on the verge of a massive corrections. What are the most popular models being used to determine the proper price for bit coin?...
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18 views

Model for the psychology of trading?

In some cases I see otherwise stable stocks or commodities having wild swings in price on exchanges. Even though the underlying company or commodity is going along normally and there is no news that ...
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2k views

If there was world war 3, which stocks should I short? [closed]

With the Trump administration, Turkish dictatorship, North Korean nuclear weapons, and general tension around the world, we might think that there is a likelihood of something like a world war ...
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3answers
280 views

Labor as a commodity

Can anyone enlighten me if there are economic theories where labor is considered as a commodity like cloth and wine in the Ricardo theory, so that it can be exported and imported similarly to other ...
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1answer
46 views

Which elements to forecast/estimate Oil/Pretroleum derivatives, would you consider?

I mean, if you had to forecast the price or production volumes of polyethylene or polyurethane, for example, which elements would you include to the model, in addition to oil crude prices/volumes? ...
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1answer
75 views

Why is oil price increasing in May 2016

Why is the oil price and correspondingly the down and midstream company stock prices are increasing in May 2016, when The economic data across the world in weak China's economy is sluggish. They had ...
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2answers
184 views

Are there any major commodity markets with a public order book?

Most major exchanges seem to have secret order books. For example, on the NYSE only the specialists know the order books. On the NASDAQ only the market maker can see the order book. On Globex, the ...
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312 views

Why is Uber worth almost as much as Boeing?

At $68 billion, Uber has a higher valuation than GM, Ford, and Honda. According to Microaxis, Boeing is currently valued at around $87 billion. Why is Uber worth so much? I would think that ...
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2answers
470 views

Is trading in the commodity futures much more riskier than trading in stock market futures?

My understanding is that the price of a stock at the stock exchange is determined by supply demand mechanics during trading hours, and the price of futures is determined by the price of the underlying ...
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2answers
75 views

Source of commodity production statistics?

What would be a recommended source of historical data for commodity production amounts which is current up to the previous year or better? For example, if I wanted to know the annual global ...
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1answer
78 views

What's the relation between economic growth and buying power?

If a country had economic growth last year (2015) does that mean that the average citizen had a better buying power in that year (2015) than in the previous year (2014)? For example with their ...
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1answer
70 views

OPEC's market share strategy: What is the benefit of market share in a fungible market?

Coverage of the recent fall in oil prices frequently mentions OPEC's decision to defend their market share, sacrificing price in the process. I understand how market share is important from a ...
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1answer
26 views

If petrol/gas prices were locked down, how would normal consumers and the producers be affected?

Hey economics stack exchange! Congrats on getting to beta! I wanted to ask a question that was running through my head on a road trip earlier today. Let's say a magic fairy grants a person his wish, ...
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3answers
1k views

Heating oil more expensive than gasoline?

I see that "heating oil", which I presume to mean No. 2 fuel oil, is more expensive than gasoline: My understanding was that fuel oil is much easier to refine than gasoline and more of it is produced ...
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71 views

What is the impact of a technology to produce gold at low cost?

Let's say in a few decades we can find a new technology to produce gold at low cost which will cause the price of gold to be as low as other metals. My question is that how would this have an impact ...
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1answer
62 views

Dollar Value And Commodity Prices

How does stronger dollar drive down prices of commodities and/or materials like oil?
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1answer
101 views

How do oil prices rise when crude oil inventories fall?

I am new to economics, I am reading a post on CNBC which states Weekly crude oil inventories unexpectedly fell, supporting further gains in oil prices. 1) Why does crude oil inventories unexpetedly ...
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62 views

Why does Burton Malkiel recommend investing in commodity companies instead of commodities?

Source: p 185 , ETFs for Canadians for Dummies (2013; by Russell Wild and Bryan Borzykowski). In a recent interview with the Journal of Indexes, famed investment guru Burton G. Malkiel, professor ...
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1answer
43 views

Annual price of precious metals

I need a list (or separate lists) with average prices of precious metals (gold, silver, platinum, palladium, etc.), by year. I prefer the annual average price or at least the price at the end/...
3
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1answer
67 views

How does one interpret the usda wholesale market price reports?

For example: http://www.ams.usda.gov/mnreports/nx_fv010.txt The data for mangos is : MANGOES: MARKET STEADY. flats 1 layer HT Francis (Francine) 9s 11.00 10s 12.00 12s 10.00-12.00 MX Keitt 7s 5.00-...
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29 views

Understanding Options Quotes

Below is a picture of today's Rough Rice Options Quote. I would like to understand how to interpret the information in the table below. Firstly, with regards to the future contract we see that it ...
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1answer
76 views

Why did the inverse correlation of stocks and commodities stopped working in 2008?

Usually, the commodities asset class is considered being inversely correlated with other asset classes, due to its nature of an input for manufacturing (if the prices of commodities go down, the ...
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2answers
641 views

Oil Price Chart Scale

I found the axis on the following graph of crude oil prices over 1950-2015 from MacroTrends surprising. The y-axis labels are 20, 40, 60, 80, 100, ...but they are not equidistant. Why?
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2answers
106 views

Effect of Strengthening US Dollar on Commodities

Many commodities are prices in US dollars. If the Dollar strengthens, then commodities (in non-US countries) will become more expensive. From the consumers' (suppliers') point of view, this should be ...
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4answers
7k views

Why does any treasury / central bank hold gold?

I know the US treasury is slowly selling its gold reserves, but what is the actual mission and purpose when it comes to the holdings? What is the reasoning behind the slow rate of liquidation? I have ...
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54 views

Futures Market Books

Are there any recommendation for futures market or commodity trading books? I am not interested in trading myself, but would like to have a better understanding of it for my research.
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1answer
369 views

Why are CAD, AUD known as commodity currencies

Why are some currencies like CAD, AUD known as commodity currencies?
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2answers
34 views

Why do prices of consumer products seem to rise independent of their supply?

For example, in my country, the price of coconuts steadily rises, despite the fact that we still have plenty of coconuts. The same with vegetables. Is this caused primarily by an increase in the cost ...
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161 views

Optimal commodity taxation - solving for the optimal tax rates?

I need to solve for optimal tax rates for two products. In my model there are N identical households that maximize their utility function subject to a budget ...
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1answer
267 views

Usage of natural gas in 1970 (where was the demand elasticity?)

The following historical graph of US Marketable Natural Gas volume has me puzzled: How was the gas used in 1970 (a peak production period), given that we would seem to be using a lot more gas now? ...