Learning Platform - "Markets & Trading"
Course: Commodity Pricing
About the online training programme
This course contains animation-style videos with narration which set out the pricing of commodities. It is explained how pricing takes place and what factors influence commodity prices. In specific, attention is given to fundamental price driving elements, such as the availability and utilisation of physical capacity, FX rates, weather and seasonality.
Course contents
This course covers the following videos:
- Introduction
- Economics – Law of supply and demand
- Economics – Demand and utility
- Economics – Supply and cost
- Economics – Equilibrium
- Price drivers – Factors
- Price drivers – Mean–reversion
- Price drivers – Weather and seasonality
- Commodity indices
- Price driving factors – Price-indexation
- Price driving factors – Demography & economy
- Price driving factors – Reserves & production
- Price driving factors – Technology & economic viability
- Price driving factors – Consumption & processing
- Price driving factors – Storage & storage capacity
- Price driving factors – Transport & transport capacity
- Price driving factors – Social factors & politics
- Price driving factors – Quality
- Price driving factors – FX rates
- Price driving factors – Inflation
- Price driving factors – Correlation & diversification
- Price driving factors – Substitution
- Price driving factors – Environmental issues
- Price driving factors – Seasonality
- Price driving factors – Weather
- Price driving factors – Mean-reversion – Introduction
- Price driving factors – Mean-reversion – Merit order
- Price driving factors – Mean-reversion – Merit order – Electricity
- Price driving factors – Mean-reversion – Merit order – Electricity – Complications
This course also includes examination and certification.