Events
Advanced Training in Commodity Economics & Finance - Trading Commodities and Hedging Strategies for Producers/end-Users
OCP Policy Center, Rabat.
This course aims to describe how a typical commodity industry works, and to elucidate how risks could be diluted between producers, end-users, smelters and traders. In addition to that, it is an introduction of futures contracts, highlighting their peculiarities and showing how they can be used to set up both fix-price and offset hedging strategies
Objectives :
Understanding of :
• Commodity industries (agriculture, mineral and metals and energy) exposure to price risk;
• The uses and market functions of commodity financial derivatives, especially futures contract;
• Concepts of hedging (fix-price hedging vs offset hedging) and speculation Be able to;
• Define hedging strategies with derivatives;
• Compare relative performances of various financial instruments and hedging strategies.