07.09.2016 - Commodity traders 'key to managing risks' in volatile global economy
Commodity traders play an even more important role in managing risks and logistics now, given the increased complexity and volatility of the global economy, according to a leading finance academic. "Commodity traders reduce prices that consumers pay and increase the price producers receive by moving commodities from producers to consumers in an efficient way," said Professor Craig Pirrong of the University of Houston. He added that they respond to supply and demand shocks by adjusting commodity flows...............................................Full Article: Source
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