The Growth of Terminal Markets

In this chapter we shall present market profiles of several commodities to illustrate the scope and extent of the growth of terminal market trading. The commodities dealt with, both metals and agricultural (or ‘soft’ commodities), are a diverse group with different market characteristics, offering a wide range of examples of trends in the international marketing of commodities. For convenience of comparison, as far as possible we have covered the same time period for each commodity – from the early ‘sixties’ up to the present.


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