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Published in:
2018 | OriginalPaper | Chapter
1. Introduction to Commodities
Author : Fredrik Andrén-Sandberg
Published in: Commodities Pricing and the Bulk Trap
Publisher: Springer International Publishing
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Abstract
To examine decommoditisation, we first need to understand the process of commoditisation and to pin down what attributes that actually defines commodities. In order to do this, we will dig into the history of commodities dating back to ancient times, and have a look at the golden age of commoditisation and examine the economic rationale for the commoditisation process. We will also briefly take a look of modern day commoditisation, to see what kind products are currently being commoditised, and examine what drivers are currently pushing this process.