1,492 results on '"PRIMARY commodities"'
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2. Global research opportunities are there for the taking
- Author
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Barrowclough, Peter
- Published
- 2024
3. Will the European Union remain a key market?
- Author
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Gauldie, John
- Published
- 2024
4. Physical processes in the upwelling regions of the tropical Atlantic.
- Author
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Brandt, Peter, Alory, Gaël, Awo, Founi Mesmin, Dengler, Marcus, Djakouré, Sandrine, Koungue, Rodrigue Anicet Imbol, Jouanno, Julien, Körner, Mareike, Roch, Marisa, and Rouault, Mathieu
- Subjects
UPWELLING (Oceanography) ,SURFACE cooling ,TURBULENT mixing ,PRIMARY commodities - Abstract
In this paper, we review observational and modelling results on the upwelling in the inner tropical Atlantic. We focus on the physical processes that drive the seasonal variability of surface cooling and upward nutrient flux required to explain the seasonality of primary productivity. We separately consider the equatorial upwelling system, the northern coastal upwelling system of the Gulf of Guinea and the tropical Angolan upwelling system. For the equatorial regime, we discuss the forcing of upwelling velocity and turbulent mixing as well as the underlying dynamics responsible for thermocline movements and current structure. The coastal upwelling system in the Gulf of Guinea is concentrated along northern boundary and is driven by both, local and remote forcing. The particular role of the Guinea Current, nonlinearity and the shape of the coastline are emphasized. For the tropical Angolan upwelling, we show that this system is not wind-driven, but instead results from the combined effect of coastally trapped waves, surface heat and freshwater fluxes, and turbulent mixing. Finally, we review recent changes in the upwelling systems associated with climate variability and global warming and address possible responses of upwelling systems in future scenarios. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
5. An Analysis of the Commodity Composition of International Trade
- Author
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Yadav, Purva and Yadav, Purva
- Published
- 2021
- Full Text
- View/download PDF
6. Advancing primary sector adaptation in Aotearoa New Zealand
- Author
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Wreford, Anita
- Published
- 2023
7. The Russian invasion of Ukraine made everyone nervous, upending trade patterns for exporting countries like New Zealand
- Author
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Dodd, Olga, Fernandez-Perez, Adrian, and Sosvilla-Rivero, Simón
- Published
- 2022
8. A Handbook of Primary Commodities in the Global Economy
- Author
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Marian Radetzki, Linda Wårell, Marian Radetzki, and Linda Wårell
- Subjects
- Primary commodities, Commercial policy, Primary commodities--Prices
- Abstract
The 2010s have been a dramatic period for most primary commodity markets. Producers suffered heavily as prices fell in response to new supply facilities going into production, juxtaposed against disappointing demand evolution from China in particular, marking the end of the most powerful and enduring commodity boom since the Second World War. This book is a guide to the primary commodity universe, an increasingly crucial part of the world economy. In this updated edition, Marian Radetzki and Linda Wårell introduce and explain pertinent issues surrounding international commodity markets, including the importance of fossil markets among commodities, price formation, price trends, the shift in primary commodity consumption towards Asia, the increasing reliance on commodity exchanges, new relaxed attitude towards depletion, cartel action, and the revival of nationalism and state ownership. This is an accessible read for graduates, academic researchers, and professionals in the mineral and energy sectors.
- Published
- 2017
9. The New Geopolitics of Natural Gas
- Author
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Agnia Grigas and Agnia Grigas
- Subjects
- Primary commodities, Geopolitics, Gas industry, International trade
- Abstract
We are in the midst of an energy revolution, led by the United States. As the world's greatest producer of natural gas moves aggressively to expand its exports of liquefied natural gas (LNG), America stands poised to become an energy superpower—an unanticipated development with far-reaching implications for the international order. Agnia Grigas drills deep into today's gas markets to uncover the forces and trends transforming the geopolitics of gas.The boom in shale gas production in the United States, the growth of global LNG trade, and the buildup of gas transport infrastructure worldwide have so transformed the traditional markets that natural gas appears to be on the verge of becoming a true global commodity. Traditional suppliers like Russia, whose energy-poor neighbors were dependent upon its gas exports and pipelines, are feeling the foundations of the old order shifting beneath their feet. Grigas examines how this new reality is rewriting the conventional rules of intercontinental gas trade and realigning strategic relations among the United States, the European Union, Russia, China, and beyond.In the near term, Moscow's political influence will erode as the Russian gas giant Gazprom loses share in its traditional markets while its efforts to pivot eastward to meet China's voracious energy needs will largely depend on Beijing's terms. In this new geopolitics of gas, the United States will enjoy opportunities but also face challenges in leveraging its newfound energy clout to reshape relations with both European states and rising Asian powers.
- Published
- 2017
10. Primary Commodities and Economic Development
- Author
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Stephan Pfaffenzeller and Stephan Pfaffenzeller
- Subjects
- Primary commodities, Economic development
- Abstract
Our post-industrialised global economy has achieved spectacular success and pushed back poverty to an extent previously thought impossible. This success is ultimately based on the continued supply of both renewable and non-renewable resources. Will this supply of primary commodities remain sufficient to support global economic growth? Why are the gains for countries specialising on commodity production often so limited? Can commodity dependent countries diversify into other economic activities?Primary Commodities and Economic Development addresses the changing position of primary commodities in the world economy and investigates their importance for commodity exporting under-developed countries. The book commences with a review of the theoretical foundations for inter-dependence between commodity specialisation and economic underdevelopment. Having related the role of commodity exports and the commodity terms of trade to growth models relevant to developing economies, the discussion shifts to an in-depth review of the statistical properties of the commodity terms of trade. The review of commodity price trends at the global level is then rounded off with a series of country case studies showing the concrete threats and opportunities surrounding commodity specialization.This book will be of essential reading for those with an interest in development economics and international economics, as well as for scholars of natural resource and agricultural economics.
- Published
- 2017
11. Effects of Timeliness on the Trade Pattern Between Primary and Processed Goods
- Author
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Baniya, Suprabh and Baniya, Suprabh
- Subjects
- Primary commodities
- Abstract
This paper investigates the effect of timeliness in accessing the intermediate inputs on the trade pattern. In particular, any country that has a higher ability to transport goods on time has a comparative advantage in industries that place a higher value on the timely delivery of their inputs, and this comparative advantage pattern is stronger for processed goods than for primary goods. To do this, a measure for how intensively any industry demands for the timely delivery of its intermediate inputs is constructed combining Hummels and Schaur (2013)'s calculations of the time sensitivity of products with the input-output tables.
- Published
- 2017
12. ENERGY CONSUMPTION AND EXPORT PERFORMANCE OF SUB-SAHARA AFRICAN COUNTRIES.
- Author
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OYELAMI, Lukman O. and OYELEKE, Olusola Joel
- Subjects
- *
ENERGY consumption , *EXPORT & import trade of commercial products , *PRIMARY commodities , *FARM produce exports & imports , *RENEWABLE energy sources , *GRANGER causality test , *PANEL analysis ,ECONOMIC conditions in Africa - Abstract
Many SSA countries are low-Income countries with inadequate access to basic infrastructure including energy. According to IEA 2018, SSA has the least energy access rates globally. Thirteen countries in SSA, do not have up to 25% access, unlike developing Asia where there is only one country (World Bank, 2018). To this end, this empirical investigation focuses on the nexus between energy consumption and export performance of Sub-Sahara African countries. Generally, the study examines the contribution of energy consumption to real export of goods and services and specifically to the export of manufactured goods. This is very crucial as many countries in Sub-Saharan Africa heavily rely on the export of primary products. They trade on a small range of agricultural products and a small number of markets for their exports. To achieve this, Dumitrescu and Hurlin (2012) Granger causality procedure and Pooled Mean Group (PMG) were employed to determine the direction of causality and estimate the effect of energy consumption (renewable and non-renewable) on export performance. This estimation approach constrains the long run coefficients to be identical, but allows the short run coefficients and error variances to differ across groups. The estimated model in this study is constructed within the framework of multivariate panel analysis. Specifically, two models are specified with real export of goods and services and export of manufacturing goods as dependents variables. The study established that real export granger causes renewable energy, renewable energy, granger causes manufacturing export and manufacturing export granger causes non-renewable energy. More importantly, the study established the relative importance of renewable energy to export performance in SSA. The study, therefore, recommends that as sub-region is aspiring to move away from resource-based exports to manufacturing exports, it is critical that the countries in the region scale up access to energy and look more in the direction of renewable energy to bring this aspiration to reality. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
13. Commodity Trade and Finance
- Author
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Michael Tamvakis and Michael Tamvakis
- Subjects
- International trade, Commodity exchanges, Primary commodities, Primary commodities--Prices
- Abstract
What affects the supply of oil? How important is the weather in determining grain prices? Why has the price of copper skyrocketed? This unique book analyses the economics of key commodity groups, including energy, agriculture and metals. It examines the supply/demand fundamentals of several major and minor commodities, physical characteristics, production and consumption patterns, trade flows and pricing mechanisms. It also explains the main tools used to hedge price risk, such as futures, options and swaps.This second edition has been fully revised and restructured, and contains four new chapters, including oil refining, electricity and price risk management for energy, metals and agricultural commoditiesThis book is an indispensable reference text for students, academics and those working in the commodity business.
- Published
- 2015
14. Hidden Production: On the Importance of Pelagic Phytoplankton Blooms Beneath Arctic Sea Ice.
- Author
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Clement Kinney, Jaclyn, Maslowski, Wieslaw, Osinski, Robert, Jin, Meibing, Frants, Marina, Jeffery, Nicole, and Lee, Younjoo J.
- Subjects
PHYTOPLANKTON ,PRIMARY commodities ,SEA ice ,BIOMASS - Abstract
Recent observations suggest that substantial phytoplankton blooms occur under sea ice on Arctic continental shelves during June and July. This is opposed to the traditional view that no significant biomass is produced in sea‐ice covered waters. However, no observational estimates are available on the Arctic‐wide primary production beneath sea ice. Here, using a fully coupled Arctic system model, we estimate that 63%/41% of the total primary production in the central Arctic occurs in waters covered by sea ice that is ≥50%/≥85% concentration. The total primary production there is increasing at a rate of 5.2% per decade during 1980–2018. Increased light transmission, due to the removal of sea ice, more extensive melt ponds, and thinner sea ice, is implicated as the main cause of increasing trends in primary production. Plain Language Summary: At present, there are no Arctic‐wide observations and estimates of primary production beneath Arctic sea ice because it cannot be measured by satellite and is difficult to access via ship. Utilizing our state‐of‐the‐art Arctic system model, we have quantified the primary production beneath Arctic sea ice and our findings show that the majority of production occurs in waters covered by at least 50% ice. This analysis represents a major revision to the traditional view that no significant biomass is produced in sea‐ice covered waters. Our results are consistent with recent and very limited (in space and time) observational studies; however, we provide information for the entire Arctic Ocean, including increasing trends in production over the time period of 1980–2018. Key Points: The majority of modeled primary production in the central Arctic is found beneath sea iceThe annual cycle of primary production in the central Arctic peaks in June due to the under‐ice fraction of productionPrimary production and photosynthetically active radiation are increasing in the central Arctic over the period 1980–2018 [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
15. Genome-enabled phylogenetic and functional reconstruction of an araphid pennate diatom Plagiostriata sp. CCMP470, previously assigned as a radial centric diatom, and its bacterial commensal.
- Author
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Sato, Shinya, Nanjappa, Deepak, Dorrell, Richard G., Vieira, Fabio Rocha Jimenez, Kazamia, Elena, Tirichine, Leila, Veluchamy, Alaguraj, Heilig, Roland, Aury, Jean-Marc, Jaillon, Olivier, Wincker, Patrick, Fussy, Zoltan, Obornik, Miroslav, Muñoz-Gómez, Sergio A., Mann, David G., Bowler, Chris, and Zingone, Adriana
- Subjects
- *
GENOMES , *PHYLOGENY , *DIATOMS , *PRIMARY commodities , *TRANSCRIPTOMES - Abstract
Diatoms are an ecologically fundamental and highly diverse group of algae, dominating marine primary production in both open-water and coastal communities. The diatoms include both centric species, which may have radial or polar symmetry, and the pennates, which include raphid and araphid species and arose within the centric lineage. Here, we use combined microscopic and molecular information to reclassify a diatom strain CCMP470, previously annotated as a radial centric species related to Leptocylindrus danicus, as an araphid pennate species in the staurosiroid lineage, within the genus Plagiostriata. CCMP470 shares key ultrastructural features with Plagiostriata taxa, such as the presence of a sternum with parallel striae, and the presence of a highly reduced labiate process on its valve; and this evolutionary position is robustly supported by multigene phylogenetic analysis. We additionally present a draft genome of CCMP470, which is the first genome available for a staurosiroid lineage. 270 Pfams (19%) found in the CCMP470 genome are not known in other diatom genomes, which otherwise does not hold big novelties compared to genomes of non-staurosiroid diatoms. Notably, our DNA library contains the genome of a bacterium within the Rhodobacterales, an alpha-proteobacterial lineage known frequently to associate with algae. We demonstrate the presence of commensal alpha-proteobacterial sequences in other published algal genome and transcriptome datasets, which may indicate widespread and persistent co-occurrence. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
16. Mechanisms for the Asymmetric Motion of Submerged Aquatic Vegetation in Waves: A Consistent‐Mass Cable Model.
- Author
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Zhu, Longhuan, Zou, Qing‐Ping, Huguenard, Kimberly, and Fredriksson, David W.
- Subjects
PRIMARY commodities ,FOOD chains ,WAVELENGTHS ,SALT marshes ,WAVE energy ,COASTAL changes - Abstract
Submerged aquatic vegetation (SAV) provides primary products for the food web, as well as shelter and nursery for many juvenile species. SAV can also attenuate waves, stabilize the seabed, and improve water quality. These environmental services are influenced by the dynamic motion of SAV. In this paper, a consistent‐mass cable model was developed to investigate flow interaction with a flexible vegetation blade. Compared with previous vegetation models, the cable model showed improvements in simulating blade motions in waves with and without currents, especially for "second‐normal‐mode‐like" blade motion. Wave asymmetry would cause blade motion to be asymmetric. However, asymmetric blade motion may also occur in symmetric waves. Results indicate that the asymmetric blade motion in symmetric waves is induced by two major mechanisms: (i) the spatial asymmetry of the encountered wave orbital velocities (wave motion relative to blade) due to blade displacements and (ii) the asymmetric action on the blade by vertical wave orbital velocities. Consequently, the blade motion is asymmetric even underneath symmetric waves unless (i) blade length (l) is much smaller than the wavelength (l/L≪1), (ii) blade length is much smaller than the water depth (l/h≪1) in finite water depth waves, or (iii) water depth is much smaller than the wavelength (h/L≪1). Peak asymmetric blade motion occurs as l/L increases to a critical value. The peak asymmetry increases with wave height and blade length but decreases with increasing blade flexural rigidity. Blade motion characteristics play an important role in wave‐vegetation interaction, wave‐driven currents, wave‐attenuation capacity, breakage of vegetation and ecosystem services. Plain Language Summary: Submerged aquatic vegetation (SAV) can reduce wave energy, stabilize the seabed, and improve water quality. These environmental services are influenced by SAV motion. In this paper, a numerical model was developed to study flow interaction with a flexible blade. Compared with previous vegetation models, the cable model showed improvements in simulating blade motions in waves with and without currents. Wave asymmetry would cause blade motion to be asymmetric. However, asymmetric blade motion may also occur in symmetric waves. Results indicate that the asymmetric motion in symmetric waves is induced by two major factors: (i) the spatial asymmetry of the encountered wave velocities (wave motion relative to blade) due to blade displacements and (ii) the asymmetric action on the blade by vertical wave velocities. Consequently, the blade motion is asymmetric unless (i) blade length is much smaller than the wavelength, (ii) blade length is much smaller than the water depth in non‐deep‐water waves, or (iii) water depth is much smaller than the wavelength. Peak asymmetric blade motion increases with wave height and blade length but decreases with increasing blade flexural rigidity. Blade motion characteristics play an important role in wave‐vegetation interaction, wave‐driven currents, wave‐attenuation capacity, breakage of vegetation and ecosystem services. Key Points: Simulations for the motion of flexible blades in waves with and without currents are improved by using a consistent‐mass cable modelBlade motion is asymmetric due to blade deflection and vertical wave velocity but symmetric if blade length is far less than the wavelengthPeak asymmetry of vegetation blade motion increases with wave height and blade length but decreases with increasing blade flexural rigidity [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
17. Export Structure and Economic Performance in Transition Economies.
- Author
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Belkania, Davit
- Published
- 2020
- Full Text
- View/download PDF
18. Modeling Climate Change Effects on Renewable and Non-Renewable Resources
- Author
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Gevorkyan, Aleksandr V., Gevorkyan, Arkady, Bernard, Lucas, editor, and Nyambuu, Unurjargal, editor
- Published
- 2016
- Full Text
- View/download PDF
19. Wirtschaft am Rohstofftropf : Der Kampf um die wichtigsten mineralischen Ressourcen
- Author
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Günter Pilarsky and Günter Pilarsky
- Subjects
- Primary commodities, Economics, Engineering economy, International economic relations
- Abstract
In seinem Buch zeigt Günter Pilarsky, ein global aktiver Insider und einer der wenigen großen deutschen Minenbetreiber, worum es bei dem Thema Rohstoffsicherung wirklich geht, wie erfolgversprechende Vorgehensweisen aussehen und welche Forderungen an Politik, Interessenverbände und die gesamte Gesellschaft zu stellen sind. Dabei verzichtet er bewusst auf die Betrachtung der fossilen Energieträger, da diese nicht zu seinem Geschäftsfeld gehören und über deren Zukunft schon viele Bücher geschrieben wurden. Auch spezielle Wege der Rohstoffgewinnung, wie die Erschließung von Rohstoffquellen in der Tiefsee oder in den polaren Regionen, die in noch ferner Zukunft liegen, werden in diesem Buch am Rande allenfalls erwähnt. Ergänzt werden die Ausführungen von Statements und Kurzinterviews ausgewählter Experten aus Wissenschaft und Wirtschaft, welche die einzelnen Kapitel fachlich und sachlich vertiefen. Dazu dienen auch Fotos und Informationsgrafiken, die den Text ergänzen. Günter Pilarsky meint: Wir haben keine Wahl, sondern müssen uns jetzt dem Kampf um Rohstoffe stellen, wenn wir in Zukunft nicht zu den Verlierern gehören wollen.
- Published
- 2014
20. Manufacturing batch size and ordering policy for products with shelf lives.
- Author
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Chowdhury, Mahbubur R. and Sarker, Bhaba R.
- Subjects
PRODUCT management ,INVENTORIES ,INDUSTRIAL costs ,PRIMARY commodities ,MINES & mineral resources ,RAW materials - Abstract
This paper determines an optimum production schedule and raw material ordering policy for a family of products that share a common piece of production facility, and the inventory operates under a shelf life constraint. The problem of manufacturing a family of products under shelf life is addressed here mainly under three major issues: adjusted production rate, adjusted cycle time, and simultaneous adjustment of production rate and cycle time. This research addressed the issues in two major parts: the first part comprises planning an optimum production schedule and material ordering policy for a family of products with a constant production cost for operating the machines. The second part of the research considers a generalized production cost of operation where the cost of operation may increase or decrease depending on the production system. Results are demonstrated to show the computational mechanics and incremental advantages over the other models. A sensitivity analysis is performed to study the effect of variability of some parameters that play important roles in the models. An empirical test has also been conducted to show the relative performance of the models. [ABSTRACT FROM AUTHOR]
- Published
- 2001
- Full Text
- View/download PDF
21. Electrical storm brewing
- Author
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Piper, Dominic, Andrews, Mark, and Washbourne, Michael
- Published
- 2017
22. Mining industry: The monsters in our midst [Book Review]
- Published
- 2012
23. The Economics of Commodity Markets
- Author
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Julien Chevallier, Florian Ielpo, Julien Chevallier, and Florian Ielpo
- Subjects
- Primary commodities, Commercial products, Financial futures
- Abstract
As commodity markets have continued their expansion an extensive and complex financial industry has developed to service them. This industry includes hundreds of participating firms, including asset managers, brokers, consultants, verification agencies and a myriad of other institutions. Universities and other training institutions have responded to this rapid expansion of commodity markets as well as their substantial future growth potential by launching specialized courses on the subject. The Economics of Commodity Markets attempts to bridge the gap between academics and working professionals by way of a textbook that is both theoretically informative and practical. Based in part on the authors'teaching experience of commodity finance at the University Paris Dauphine, the book covers all important commodity markets topics and includes coverage of recent topics such as financial applications and intuitive economic reasoning. The book is composed of three parts that cover: commodity market dynamics, commodities and the business cycle, and commodities and fundamental value. The key original approach to the subject matter lies in a shift away from the descriptive to the econometric analysis of commodity markets. Information on market trends of commodities is presented in the first part, with a strong emphasis on the quantitative treatment of that information in the remaining two parts of the book. Readers are provided with a clear and succinct exposition of up-to-date financial economic and econometric methods as these apply to commodity markets. In addition a number of useful empirical applications are introduced and discussed. This book is a self-contained offering, discussing all key methods and insights without descending into superfluous technicalities. All explanations are structured in an accessible manner, permitting any reader with a basic understanding of mathematics and finance to work their way through all parts of the book without having to resort to external sources.
- Published
- 2013
24. Guide to Commodities : Producers, Players and Prices, Markets, Consumers and Trends
- Author
-
Caroline Bain and Caroline Bain
- Subjects
- Commodity futures, Commodity exchanges, Primary commodities
- Abstract
A gold mine of information, insights and powerful tools to help you win big in today's commodities markets The recent fortunes made by investors in rare earth metals and gold are just two shining examples of what an extremely profitable investment class commodities can be. But with radical swings in price volatility (think oil) and the vagaries of global geopolitics, commodities also can be one of the trickiest arenas in which to play. Written by the Senior Commodities Editor for The Economist Intelligence Unit, this book provides you with a comprehensive, highly practical look at the commodities markets. In addition to covering major trends and key changes in the markets, both past and present, it supplies you with proven tools for analyzing and taking full advantage of this ever-changing asset class. Focuses specifically on natural commodities classes, such as natural resources and raw materials, both mineral and agricultural Explores trends in the consumption and production of the commodities in question as well as the changing markets for those goods Describes how commodities prices have changed historically and in recent years and how they are likely to change in future Arms investors with an array valuable tools for analyzing market movements, timing trades and tracking and predicting price volatility
- Published
- 2013
25. The UNSEEN HAND That Moves the World's Oil.
- Author
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O'KEEFE, BRIAN and Burke, Doris
- Subjects
PETROLEUM ,RISK management in business ,PETROLEUM refineries ,PRIMARY commodities - Abstract
The article discusses Vitol Group, the world's largest private trader of petroleum. Since Ian Taylor assume the chief executive's role in 1995, Vitol's revenues have grown from $13 billion to $303 billion in 2012. Vitol's size and expertise in risk management give it the confidence to do business with parties that rivals might avoid. In addition to trading, Vitol has begun to diversify into ownership of assets such as pipelines, refineries, and oil terminals. The author illustrates Vitol's business by describing a transaction involving the purchase of 720,000 barrels of crude oil from a seller in Russia.
- Published
- 2013
26. Raw and Finished Materials : A Concise Guide to Properties and Applications
- Author
-
Dereu, Brian and Dereu, Brian
- Subjects
- Primary commodities, Raw materials
- Abstract
This book will be a single-source, easy-to-use reference work for machinists and fabricators on the principal characteristics and uses for major common types of metals, composites, and plastics. It provides the key physical characteristics and mechanical characteristics, along with important considerations when machining and processing and fabricating with these materials. -- Covers some 600 specific materials, categorized into metals, plastics, wood products, and composites. -- For each material entry, the book offers such essential parameters as chemical composition, mass, hardness, yield strength, melting point, and electrical and thermal conductivity. -- Provides typical uses for each material cited. -- Entries will be cross-indexed by both trade and generic names, including common industry names used for alloys of ferrous and non-ferrous metals.
- Published
- 2012
27. It's All for Sale : The Control of Global Resources
- Author
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James Ridgeway and James Ridgeway
- Subjects
- Raw materials--Political aspects, Commodity control, Primary commodities, Strategic materials, Natural resources
- Abstract
Five companies dominate the U.S. petroleum industry. Five control the worldwide trade in grain. Two have a corner on the private market for drinking water. In terms of actual dollars, trade in heroin, cocaine, and tobacco ranks alongside that in grain or metals. There are more slaves in the world today than ever before. Resource by resource, It's All for Sale uncovers and discloses who owns, buys, and sells what. Some resources—such as fuel, metals, fertilizers, drugs, fibers, food, forests, and flowers—have, for better or worse, long been thought of as commodities. Others—including fresh water, human beings, the sky, the oceans, and life itself (in the form of genetic codes)—are more startling to think of as products with price tags, but, as James Ridgeway shows, they are treated as such on a massive scale in lucrative markets around the world. Revealing the surprisingly small number of companies that control many of the basic commodities we use in everyday life, It's All for Sale confirms in specific detail that globalization has been accompanied by an extraordinary concentration of ownership. At the same time, it is about much more than what company has cornered the market in corn or diamonds. Corporations and captains of industry, wars and swindles, oppressors and the oppressed, empires and colonies, military might and commercial power, economic boom and bust—all these come alive in Ridgeway's canny and arresting reporting about the global scramble for power and profit. It's All for Sale is an invaluable source for researchers, activists, and all those concerned with globalization, corporate power, and the exploitation of individuals and the environment.
- Published
- 2012
28. Exchange market pressure and primary commodity - exporting emerging markets.
- Author
-
Gevorkyan, Aleksandr V.
- Subjects
FOREIGN exchange market ,PRIMARY commodities ,FOREIGN exchange rates ,EMERGING markets ,PETROLEUM sales & prices - Abstract
This paper studies short-term sensitivity between exchange market pressure and various domestic and external factors in primary commodity-exporting emerging markets. The paper focuses on the top country-commodity groups in sugar, cereal, fuels, ores and coffee during the pre-peak and post-peak commodity price periods across floating and pegged exchange rate regimes, using the price of crude oil as a general benchmark. Employing a panel model and panel VAR analysis, the paper finds the heterogeneity of response patterns unique to country-commodity groups and exchange rate regimes. According to the results, in flexible regimes, volatility occurs via the foreign exchange market, interest rates, and domestic credit cycles, feeding into the social costs for structurally weaker economies. Hard exchange-rate pegs often result in a drain on international reserves as the terms of trade deteriorate following post-price peaks, leading to unpopular depreciation. These results accentuate concerns over uneven international trade patterns, an open economy's short-term foreign exchange policy, and speculative capital flows. Such sensitivity has broad implications for macroeconomic balance and the sustainability of implied exchange rate targets in the presence of a foreign exchange constraint across emerging markets. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
29. Material flow analysis on critical raw materials of lithium-ion batteries in China.
- Author
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Song, Jiali, Yan, Wenyi, Cao, Hongbin, Song, Qingbin, Ding, He, Lv, Zheng, Zhang, Yi, and Sun, Zhi
- Subjects
- *
LITHIUM-ion batteries , *STORAGE batteries , *ALKALI metal ions , *RAW material supply & demand , *PRIMARY commodities - Abstract
Abstract Sustainable growth of the lithium-ion battery (LIB) industry requires a safe supply of raw materials and proper end-of-life management for products. The lack of research on domestic critical raw materials and on management systems has limited the formulation of relevant policies for LIB-related industries. Here, a critical raw material (CRM) evaluation model was developed to identify the criticality associated with the supply risk (SR) and economic importance (EI) of different materials for the Chinese LIB industry. Dynamic materials flow analyses of the relevant critical materials were carried out by integrating a trade-linked model. Criticality analysis identifies the importance of different materials and optimizes the subsequent materials flow analysis. The results showed that the in-use stocks share large portions of material flow for Li, Ni, Co and graphite and further suggests that the market will not be saturated before 2025. For the end-of-life stage, less than 40 wt% of the materials in LIBs can be recycled under the current scheme of materials flow in China; this finding puts significant pressure on proper waste management. Consequently, it is very important to identify effective methods for utilizing the growing amount of waste materials and to provide a resource supplement for the Chinese LIB industry. This research provides guidelines for improving management strategies relevant to the critical materials in the LIB industry, for increasing resource efficiency, and for managing critical resources. Graphical abstract Image 1 Highlights • MFA for multiple elements in LIB industry is still scattered. • A CRMs evaluation system was proposed to optimize the further MFA. • Sankey diagrams of Li, Co, Ni and C reveal their status in Chinese LIB industry. • The stock and obsolete amount from 2012 to 2025 were estimated and forecasted. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
30. Process plan selection.
- Author
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Bhaskaran, Kumar
- Subjects
PRODUCTION planning ,PROCESS control systems ,RAW materials ,PRODUCTION engineering ,ANIMAL products ,PLANNING ,MINES & mineral resources ,COMMERCIAL products ,PRIMARY commodities - Abstract
Process planning is the task of generating a plan for transforming raw material to its finished form according to design specifications. The existence of alternative feasible process plans for a part and the manufacture of several parts in a single facility sharing constrained resources, makes careful selection of process plans essential. This paper formalizes the selection of process plans with the objective of minimizing the total processing time and the total number of processing steps. The set of plans are then consolidated to minimize the resources used. This is accompanied by intangible benefits such as simplified planning and scheduling, fewer constraints on designing the layout, and an overall reduction in the manufacturing cost. As a word of caution, it may be added that process plans have wide ranging impact on factory operations and it is unrealistic to expect a single model to be comprehensive in addressing the problem. The model outlined in the paper highlights the key issues and provides an analytical basis for selecting process plans. [ABSTRACT FROM AUTHOR]
- Published
- 1990
- Full Text
- View/download PDF
31. Production and inventory policies for an integrated manufacturing firm.
- Author
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Adam, Nabil R. and Ignall, Edward
- Subjects
PRODUCT management ,PRODUCTION management (Manufacturing) ,INVENTORIES ,PRODUCTION planning ,DECISION making ,GUIDELINES ,INVENTORY control ,MANUFACTURED products ,TECHNICAL specifications ,PRIMARY commodities - Abstract
The coordination of production and inventory decisions for raw materials, intermediate products and finished goods is important. We compare some decision rules for a firm that uses a single raw material to manufacture n different parts which are then assembled into the final product. Demand for the final product is probabilistic and there are costs of holding inventory and of ordering, manufacture and assembly. These characteristics are an idealization of the problem faced by a manufacturer of scaffolds in which the major processes are the manufacture of different sheet metal parts and their assembly. We develop production rules that use system-wide information. We use simulation to evaluated the performance of these rules and compare system behaviour to that under production rules that are derived separately for each item and use only local information about that item's status. [ABSTRACT FROM AUTHOR]
- Published
- 1980
- Full Text
- View/download PDF
32. Nesting of a single shape on a strip.
- Author
-
Chow, William W.
- Subjects
METAL stamping ,RAW materials ,PRIMARY commodities ,SCRAP materials ,MINES & mineral resources ,COMMERCIAL strips ,DESIGN ,NATURAL resources - Abstract
This paper presents three approaches to minimize and eliminate scrap from stamping a single shape arranged in a single row or double rows on strip raw materials. In the first approach, interlocking shapes are generated. Although such shapes are scrap-free, they require congruent lines in the design. At the early stages of the design process, a skilful designer can compromise between functional features and symmetric features to improve nesting. The second approach is to characterize a shape by parallel lines bounding it. Specifically, the method to find a minimum area parallelogram that encloses a given convex shape is discussed. The result, gives the optimum arrangement of a convex shape in single row. The third approach involves the nesting of a given shape in a specified pattern. Three computational algorithms for the single and double row arrangements are given. The double row arrangement includes a half-turn or a mirror reflection. The three approaches are all based on the concept of interlocking shapes and they can readily be implemented on a small computer. Depending on the design environment and the piece shape, one of the approaches can be used. [ABSTRACT FROM AUTHOR]
- Published
- 1979
- Full Text
- View/download PDF
33. A Model of Vertical Integration Strategy.
- Author
-
Webster, Frederick A.
- Subjects
VERTICAL integration ,PETROLEUM industry ,INDUSTRIAL organization (Economic theory) ,STRATEGIC planning ,INDUSTRIAL concentration ,INDUSTRIAL management ,RAW materials ,COMMERCIAL products ,MONOPOLISTIC competition ,CONGLOMERATE corporations ,PRIMARY commodities ,CORPORATE history - Abstract
The article presents an analysis of Standard Oil Company's vertical integration strategies from the period of 1911 until 1963. The author feels that vertical integration is best suited to industries which deal with raw materials such as frozen food processors and forest product companies. Generally, conglomerate companies that use vertical integration as part of their business plan have a minimum of two companies that deal with supplying materials, distributing the materials to manufacturing plants, manufacturing goods, distributing finished products, or retailing their processed goods.
- Published
- 1967
- Full Text
- View/download PDF
34. PRICE CONTROL IN CANADA.
- Author
-
Wagner, Louis C.
- Subjects
PRICE regulation ,FEDERAL regulation ,GOVERNMENT regulation ,PRICE level changes ,REAL property sales & prices ,PROFIT margins ,RETAIL industry laws ,WHOLESALE trade ,PRIMARY commodities ,GOVERNMENT policy ,LAW ,ECONOMIC policy - Abstract
The article discusses different aspects of the price control system implemented in Canada on October 18, 1941. The system places a maximum selling price for all commodities (unless specifically exempted), twelve essential service areas, and the rental of all real property. The author describes how the federal government accounted for the falling profit margins of retailers and wholesalers as the price regulation went into transition. Furthermore, he points out that the price cap is individual to the type of retail outlet, and that seasonal and new merchandise is taken into special consideration. The enforcement of the pricing system is discussed along with the effects of its use.
- Published
- 1942
- Full Text
- View/download PDF
35. A Changed and Changing World.
- Author
-
Brown, Harrison
- Subjects
RAW materials ,COST of living ,PRIMARY commodities ,NATURAL resources ,ECONOMIC status ,ECONOMIC impact ,ENERGY consumption ,FOOD supply ,PRODUCE trade - Abstract
The article examines the sufficiency of world resources for the provision of adequate living standards. Use of large quantities of metals results to decreased grades of raw materials in many areas of industrial activity. With the increasing population, it is expected that there will be a rise in the consumption of energy and other raw materials. Regarding food supply, a major increase will require the application of enormous amounts of technology, a great deal of capital investment and dissemination of modern agricultural knowledge throughout the world. The depletion of resources will make it more difficult for less developed areas of the world to obtain significant materials.
- Published
- 1956
- Full Text
- View/download PDF
36. The year of lithium
- Author
-
Andrews, Mark
- Published
- 2016
37. Diversified miners: 5 themes for the next decade
- Author
-
Forster, Andy
- Published
- 2019
38. Labour on Ray Smith's hit list
- Author
-
Grant-Mackie, Sue
- Published
- 2019
39. Counterfeiting in the primary industry sector and the threat to New Zealand's economy
- Author
-
Quirke, Stephen and Ball, Rhys
- Published
- 2019
40. Growing NZ workforce forum
- Author
-
Fraser, Stuart
- Published
- 2019
41. Supporters of a commodity levy
- Author
-
Adamson, Reece
- Published
- 2019
42. Job profiles : primary industries
- Published
- 2019
43. Pukekohe ties for new MPI boss
- Author
-
Grant-Mackie, Sue
- Published
- 2019
44. BNZ looks into its crystal ball
- Author
-
Rae, Sally
- Published
- 2019
45. Beyond the Curse
- Author
-
Sy, Amadou N. R., Arezki, Rabah, Gylfason, Thorvaldu, Sy, Amadou N. R., Arezki, Rabah, and Gylfason, Thorvaldu
- Subjects
- Sovereign wealth funds, Finance, Primary commodities, Economic development, Fiscal policy, Resource curse, Natural resources, Diversification in industry, Foreign exchange rates, Monetary policy
- Abstract
Countries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively poor economic performance compared with non-resource-rich countries. The chapters in this volume explore the potential challenges to countries with abundant natural resources and ways to manage these challenges so as to reap the benefits of resource wealth while avoiding the pitfalls. The book is divided into five sections, which explore commodity markets and the macroeconomy, economic diversification and the role of finance, fiscal policy, exchange rates and financial stability, and governance. The ideas in this book were first presented at a seminar in November 2010 that was aimed primarily at policymakers in sub-Saharan Africa and brought together ministers, central bank governors, other senior policymakers, and well-known academics.
- Published
- 2011
46. Real Exchange Rates and Primary Commodity Prices.
- Author
-
Ayres, Joao, Hevia, Constantino, and Nicolini, Juan Pablo
- Subjects
MARKET volatility ,FOREIGN exchange rates ,PRIMARY commodities ,PRICES ,U.S. dollar - Abstract
In this paper, we show that a substantial fraction of the volatility of real exchange rates between developed economies such as Germany, Japan, and the United Kingdom against the US dollar can be accounted for by shocks that affect the prices of primary commodities such as oil, aluminum, maize, or copper. Our analysis implies that existing models used to analyze real exchange rates between large economies that mostly focus on trade between differentiated final goods could benefit, in terms of matching the behavior of real exchange rates, by also considering trade in primary commodities. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
47. Commodity Chains and World Cities
- Author
-
Ben Derudder, Frank Witlox, Ben Derudder, and Frank Witlox
- Subjects
- Urban economics, Primary commodities, Cities and towns
- Abstract
Transnational spatial relations offer a key point from which to study the geographies of contemporary globalization. This book assesses the possible cross-fertilization between two of the most notable analytical frameworks - the world city network framework and the global commodity chain framework. Transnational spatial relations have become a key analytical lens through which to study the geographies of contemporary globalization Brings together contributions of key researchers from different backgrounds and different parts of the world Offers a set of original approaches to the study of the networked geography of globalization
- Published
- 2010
48. Investing in Resources : How to Profit From the Outsized Potential and Avoid the Risks
- Author
-
Adrian Day and Adrian Day
- Subjects
- Natural resources, Investments, Commodity exchanges, Primary commodities
- Abstract
How to analyze and understand investment opportunities in the resources market Investing in resource markets is quite different from other sectors–extreme cyclicality; very long cycles; huge corrections; continual mergers and acquisitions; and, huge capital needs. Written by industry pioneer Adrian Day, Investing in Resources: How to Profit from the Outsized Potential and Avoid the Outsized Risks details the factors that affect investing in resource markets, and how, if an investor understands those factors, the resource market can be a great place to realize very strong gains. The book: Explains the major factors driving resource prices higher, including new demand from China and the difficulty in finding new economic resources Discusses how the resource industry is changing, and addresses where we are in the'Super Cycle'Details how to profit by investing in base metals, gold, silver, and agriculture, while explaining the peculiar political, environmental, and social risks inherent in resource markets In recent years, deciding how to minimize the excessive risks of investing in resource markets has proven difficult for even the most experienced investors. Thanks to Investing in Resources, the task of how and where to invest in this lucrative market is made easier.
- Published
- 2010
49. International remittances, migration and primary commodities.
- Author
-
Snudden, Stephen
- Subjects
PETROLEUM industry ,EMIGRATION & immigration ,REMITTANCES ,PETROLEUM supply & demand ,EQUILIBRIUM - Abstract
This paper documents the global crude oil market as a key driver of international migration and remittances. Structural estimation documents that crude oil supply and demand shocks induce sizeable remittances flows. The sign and magnitude of remitter outflows differ across countries and structural shocks. A multilateral global general equilibrium model is used to show how oil‐exporting remitters generate international remittance and migration spillovers from crude oil price movements. Remittees' economic outcomes from remittances and migration channels are found to be dominated by terms of trade channels for shocks to the global market for crude oil. Due to this, studies of remittance flows need to account for the source of the commodity price movement if using the correlation between remittee real GDP and remittance inflows. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
- View/download PDF
50. Trade and terrorism.
- Author
-
Bandyopadhyay, Subhayu, Sandler, Todd, and Younas, Javed
- Subjects
- *
TERRORISM financing , *ASSET freezing , *TERRORISM , *ECONOMIC impact , *PRIMARY commodities , *EXPORT financing , *GOVERNMENT policy - Abstract
We construct a model of the consequences of terrorism on trade, where firms in trading nations face different costs arising from domestic and transnational terrorism. Using a dyadic dataset in a gravity model, we test terrorism’s effects on overall trade, exports, and imports, while allowing for disaggregation by primary commodities and manufactured goods. While domestic and transnational terrorism have marginal or no significant influence on the overall trade of primary products, both types of terrorism significantly reduce the overall trade of manufactured goods. This novel finding for a global sample indicates the avenue by which terrorism reduces trade and suggests why previous global studies that looked at all trade generally found modest impacts. Moreover, both domestic and transnational terrorism have a detrimental effect on manufactured imports. The larger apparent reduction for transnational terrorism is not statistically different from that of domestic terrorism. A more mixed picture characterizes the effect of terrorism on exports. Domestic terrorism reduces manufactured exports and increases primary exports, while transnational terrorism reduces primary exports. Placebo tests support our hypothesized causality. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
- View/download PDF
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