文章基本信息

标题：PRICE DISCOVERY IN THE FUTURES AND CASH MARKET FOR SUGAR
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作者：Armstrong, Delroy ; Zapata, Hector O. ; Fortenbery, T. Randall 等
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2003
期号：SUPPL
出版社：Food Distribution Research Society
摘要：Pricing function using world sugar futures (WSF) has received limited research interest. Findings indicate that WSF and cash prices for the Dominican Republic appears cointegrated with changing relationships. Previous work suggests that futures markets price the cheapest quality of commodities deliverable on contracts. Cointegration results are consistent with this argument.