Speculation by Commodity Index Funds: The Impact on Food and Energy Prices

by Scott H. Irwin and Dwight R. Sanders

Commodity futures prices exploded in 2007-08 and concerns about a new type of participant in commodity futures markets began to emerge. Market participants, regulators, and civic organizations began raising concerns that inflows from new "commodity index" investments were driving the increases in commodity prices instead of economic fundamentals. The main argument was that unprecedented buying pressure from these speculative long-only futures traders...

• Format: Hardcover
• Language: English
• ISBN: 1800622082
• ISBN13: 9781800622081
• Release Date: August 2023
• Publisher: Cabi
• Length: 288 Pages