Commodity Derivatives

Louise Rowsell
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Louise Rowsell: Mitsubishi Finance International

Chapter 5 in OTC Markets in Derivative Instruments, 1993, pp 71-100 from Palgrave Macmillan

Abstract: Abstract Just before the turn of the century, a soap manufacturer from Bolton, William Lever, leased at a nominal rent one million acres of land from the Belgian government in the Congo Basin. Twenty-five years later, after a personal investment of one million pounds, the land was to pass into his possession. Ownership enabled Lever to build his own palm plantations to produce palm oil, the essential raw ingredient in the manufacture of soap.

Keywords: Commodity Price; Future Contract; Forward Contract; Convenience Yield; Forward Premium (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13053-5_5

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DOI: 10.1007/978-1-349-13053-5_5

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