The Increasing Participation of China in the World Soybean Market and Its Impact on Price Linkages in Futures Markets

Maria Alice Móz Christofoletti, Rodolfo Margato da Silva and Fabio Mattos

No 285779, 2012 Conference, April 16-17, 2012, St. Louis, Missouri from NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management

Abstract: This paper examines price linkages between soybean futures contracts traded in China, U.S, Brazil and Argentina for the period ranging from 2002 to 2011. The main findings show that U.S. prices still appear to have a dominant role to explain price changes in international markets. Results also indicate stronger linkages between prices in China and in the other three markets, especially after 2006. This result suggests the Chinese market has become more integrated with international markets in recent years, which might reflect the growing participation of China in international trade and the development of its soybean futures contract.

Keywords: Marketing (search for similar items in EconPapers)
Date: 2012-04
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/285779/files/confp11-12.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:n13412:285779

DOI: 10.22004/ag.econ.285779

Access Statistics for this paper

More papers in 2012 Conference, April 16-17, 2012, St. Louis, Missouri from NCR-134/ NCCC-134 Applied Commodity Price Analysis, Forecasting, and Market Risk Management
Bibliographic data for series maintained by AgEcon Search ().