The Role of State Trading in Mineral Commodity Markets

Walter C. Labys

Chapter 4 in State Trading in International Markets, 1982, pp 78-102 from Palgrave Macmillan

Abstract: Abstract The purpose of this paper is to examine the role played by state-trading organization (STDs) in the evolution of international minerals markets. Of particular interest are the implications regarding commodity market structure, market power and price formation. These implications are analysed here through a framework previously developed by the author.1 After a brief description of the framework, the paper addresses its application to state-trading activity in four minerals of major importance to industrialized as well as to developing economies: copper, tin, bauxite, and iron ore.

Keywords: Bargaining Power; Market Structure; Mining Company; State Trading; Spot Market (search for similar items in EconPapers)
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05887-7_5

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DOI: 10.1007/978-1-349-05887-7_5

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