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Journal of Commodity Markets and Risk Management
The Journal of Commodity Markets and Risk Management is an international academic journal dedicated to the publication of credible research on commodity markets and risk management. It is the first international academic journal with a commodity market focus. It is the flagship publication of the NCDEX Institute of Commodity Markets and Research (NICR).


The first issue will be published in January 2009. Click here for the announcement of Call for Papers.

Editorial Board
For the Editorial Board, click here

Rationale
Commodity markets in developing countries and especially in India and China have grown rapidly in the last decade. This is partly because of policy reforms that have removed many of the curbs that were in place on markets. The other reason is that countries such as India and China have emerged as major consumers and drivers of movements on world markets.

Yet, markets in developing countries are poorly understood and under-researched. Scholarly research within these countries and outside is just beginning to appreciate the gap between the enormity of changes and the lack of understanding.

Objectives
The Journal of Commodity Markets and Risk Management will publish analytical papers relating to all aspects of commodity markets and risk management including immediate policy concerns as well as more long-term issues. The goals of this journal are to stimulate as well as to serve as an outlet for research on commodity markets especially as it relates to developing countries.

Journal Specification
  1. The journal will publish three kinds of papers: academic research articles, policy reviews and expository surveys of methods and/or issues. In addition, the journal will publish book and software reviews relevant to commodity market researchers.
  2. The journal will be published twice a year. The first issue will be published in 2009
  3. The journal will follow a double blind review process.

Scope
The scope of the journal extends to all commodities – agricultural, metals and industrial and to both physical (spot) and futures markets. As few developing country markets approach the textbook ideal of centralized, liquid markets with low transactions costs, the journal also welcomes analytical contributions on commodity supply chains that are alternatives to these idealised markets. The journal encourages papers that address global commodity market issues.

As developing countries liberalize their markets, demand has grown for an understanding of risks and their management. The economics of risk and insurance complements the research on commodity markets. The journal welcomes contributions that address risk management for individual entities as well as for governments. The risks need not always originate in markets - for example, the journal will publish work on weather derivatives and weather insurance because they matter so much for commodity markets.

For instance, topics appropriate to the journal includes (but will not be limited to)
  • Long-term movements in prices of primary products
  • Commodity prices and inflation
  • Commodity trade: cartelization and imperfect competition
  • Microstructure of commodity markets
  • Futures markets and price expectations
  • Grading in agricultural markets, how are qualities established, government policies and welfare implications
  • Using derivative markets for food security
  • Hedge funds in commodity derivatives
  • Commercial use of futures markets: who are the hedgers and what do they do?
  • Settlement issues in futures markets: defining a spot price, adjusting for quality
  • Biofuels and world commodity markets
  • Issues in particular commodity markets: oil, wheat etc
  • Demand projections for food staples in India
  • The management of commodity price risks

Publisher
SAGE Publications, (http://www.sagepub.com/journals.nav)