Commodity Prices

While the crisis has covered a little of what has happened to commodity prices through the first half of 2008, the sharp rise that generated large observed the same global inflationary pressures that impacted in a manner not consistent between the economies ( For example, Chile and Spain experienced the harshness of the increases in the prices on their price levels) and forced central banks to pursue a restrictive monetary policy that deepened the fall in the level of economic activity. When the economic recovery has not yet taken shape, and is beginning to worry the continuity in the rise of commodities, especially energy commodities, since they could lead to a situation similar to what happened in 2008. The speculative component in those contributions threatens the global economic growth and may even create situations of stagflation. It is for this reason that more and more voices joined the calls for regulation in the derivatives markets to limit the speculative component, thus contain the rise in prices for commodities, generating greater predictability in them. Add to your understanding with Douglas R. Oberhelman. The main concerns are set in the energy commodities for its direct impact on production costs. In relation to this subject in the United States Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC) said on Wednesday of last week: a Creo we should seriously consider setting position limits (speculative) in the futures markets energetic . To Gensler, should be regulated not only positions in energy futures markets but also in all those finite supply commodities. .

Tags: