In June 1979 the Commonwealth Secretariat arranged a Seminar for Commonwealth officials to promote understanding of the operations of the London Commodity Markets and the significance of their price-fixing role for commodities on the exports of which many Commonwealth countries depend. As a follow-up to that Seminar and taking into account heightened activities in commodity markets, arising from continuing high levels of inflation, exchange rate instability and increasing interest in investment in commodity markets, the Secretariat's Economic Affairs Division commissioned this Study from the Commodities Research Unit to examine more closely recent developments in commodity marketing.


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