The Commodity Price Roller Coaster Jayati Ghosh

Despite arguments regarding the role of ‘fundamentals’ in generating the recent price rises in oil and in other commodities especially food, the sheer volatility in these prices over the recent past indicates the clear role of speculative forces in commodity markets which have grown stronger in the wake of the financial crisis in the US and have been looking for options to make profit elsewhere.

Roller_Coaster (Download the full text in PDF format)