March 2014 -
Commodity trading is one of the oldest forms of human activity. It is central to the global economy. Yet up to now there has been remarkably little research into this important area. The Economics of Commodity Trading Firms demystifies the commodity trading business through a combination of description and analysis.

About the author

Craig Pirrong is a professor of finance and the Energy Markets Director for the Global Energy Management Institute at the Bauer College of Business at the University of Houston. His research focuses on the economics of commodity markets. He has published over thirty articles in professional publications and is the author of four books. He has also consulted widely for clients including electric utilities, commodity traders, processors and consumers and commodity exchanges.

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Professor Pirrong introduces white paper:

22 December 2014