Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/121854
Authors: 
Staritz, Cornelia
Tröster, Bernhard
Küblböck, Karin
Year of Publication: 
2015
Series/Report no.: 
Policy Note, Austrian Foundation for Development Research (ÖFSE) 16/2015
Abstract: 
Price instability is a major concern for commodity producers in developing countries. Commodity derivative markets have become the central pricing mechanism for international commodity trade. This is problematic given the high volatility and increased short-termism of these markets in the context of financialisation. The effects on producers depend on the market structure in producer countries. Burkina Faso and Mozambique have different types of national cotton price stabilization schemes in place while global coffee price fluctuations are transmitted directly to producers in Ethiopia. Policy reforms are required at two fronts - on commodity derivative markets to reduce excessive speculation and stabilize commodity prices and in producer countries to ensure fair and stable prices for producers.
Document Type: 
Research Report

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