
APPLICATION OF DERIVATIVES MARKET FOR CONTROLLING RISKS OF COMMODITY PRICES / IŠVESTINIŲ FINANSINIŲ PRIEMONIŲ TAIKYMAS ŽALIAVŲ KAINŲ RIZIKAI VALDYTI
Author(s) -
Rasuolė Drazdauskienė,
Viktorija Stasytytė
Publication year - 2015
Publication title -
mokslas - lietuvos ateitis
Language(s) - English
Resource type - Journals
eISSN - 2029-2341
pISSN - 2029-2252
DOI - 10.3846/mla.2015.729
Subject(s) - commodity , negotiation , procurement , european union , product (mathematics) , business , agricultural science , economics , political science , industrial organization , marketing , international trade , mathematics , market economy , law , geometry , environmental science
The issue of raw milk procurement cost level and fluctuation which inhibits strengthening negotiating positions of dairy product fabricants and probability of them staying competitive in the European Union, is examined. Scientific literature that analyzes risks of staple prices is overviewed in the article. The paper provides statistical data representing the situation of Lithuania in contrast with European Union rates. Global usage of prospective transactions and their possible influence on price regulation are analyzed. After examining statistical data and academic literature, conclusions are provided