The paper underscores the relevance of this analysis of the cocoa product markets by describing the evolution of trade in cocoa products and evaluating the prospects for cocoa processing and exports of...
As grain prices went through a boom-to-bust cycle from the early 1970s to the mid 1980s, the factors contributing to these fluctuations became an important issue for agricultural trade. With that in mind...
The use of energy in the US manufacturing sector has been declining over the last two decades and the rate of decline has accelerated in the post-1973 period; the period of sharply-higher energy prices...
This paper examines recent trends in the Kenyan coffee sub-sector and evaluates production and export prospects for Kenyan coffee under several scenarios. In evaluating the long-term prospects for the...
Based on the analysis by Stiglitz and Dixit on natural resources dynamics, this study proposes recommendations on potential strategies for increasing efficiency among steel-producing countries. It shows...
This report analyzes the relationship between exchange rate movements and commodity prices. The paper focuses on the effects of changes in the U.S. dollar on primary commodity prices in respect of: (i)...
One problem in assessing longer-term market prospects for any industrial raw material is the need to consider substitution by alternative materials. Until recently, aluminum and plastics have been the...
This paper develops a model of supply of perennial crops which is an alternative to the traditional Nerlovian model. It is argued that a cost-of-adjustment investment model in which capital is heterogeneous...
Decreases in world import-demand for U.S. grain exports do not stem so much from the strength of the U.S. dollar and high U.S. loan rates as they do from other factors which exist in the importing country...
The Commodities Studies and Projections Division has recently completed the construction of global models of grains (wheat, rice and coarse grains) and soybeans markets. This paper describes in broad terms...
This paper examines the joint implications of private sector stockholding and futures market trading for commodity price dynamics. Speculative private sector stockholding links commodity prices over periods...
Due to the change in demand for tin, tin plate and aluminum, it is often questioned whether the pricing policies of the tin and tin plate industries have contributed to material substitution against tin...