For many academics, students, and professionals, the field of commodities is a black box. This book explores commodities in a holistic manner, presenting concepts from a multidisciplinary business and financial perspective, and offering a panoramic view of the global commodity business and markets. In this book, the author presents core issues related to global commodities with recent data including COVID-19. The book introduces the key physical commodities traded globally and some related issues such as the global supply chain, global trading, transportation, storage, and how to finance global commodity trades. Then, it discusses how global commodity businesses and traders manage global risks related to commodity production (generation or extraction), transportation, storage, the final delivery, and currency exchange. Additionally, the book discusses financial commodities, the origins of global commodity derivatives and exchanges, the rationale behind the birth of commodity futures and trading, hedging, speculation, financialization, and manipulation of commodity markets, and how financial trading is executed in real life. In the last section, the author also discusses sustainability issues related to global commodities and the financial valuation aspects of the global commodity businesses supported by examples from real cases with recent data.
Aggregates global commodity topics in one fluid book
Integrates financial valuation issues that are almost only covered in corporate finance books by including real cases using recent data
Includes a discussion of sustainability, including unpacking negative ESG in commodities
Adopts and analyses recent commodity data cover the COVID-19 pandemic
Murad Harasheh
Physical commodities Financial commodities commodity derivatives Commodity markets Risk management in commodities Valuation of commodity business Sustainable commodities types of commodities energy commodities Commodity supply chain financing commodity trades Commodity derivatives financialization of commodity markets commodity manipulation Financial valuation