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Everything You Need to Know About Commodity Price Risks

Commodity traders will continuously examine price movements in the markets to help with informed investment decisions. The observation of price alone is insufficient – traders must have ongoing tasks pertinent to commodity price risk management, in order to enhance returns and protect portfolios.

From equity traders to commodity traders, identifying risks associated with commodities is an important step. If unmanaged, risks can cause serious damage to performance. This blog, by Moneyplantfx, will give a base understanding of commodity price risks, their calculations, and their best practices for management.

What are Commodity Price Risks

Commodity price risks are the exposure to financial losses resulting from sudden and/or prolonged volatility in global or local commodity markets. Commodity price risks not only affect the producers and consumers of commodities, but also affect investors who trade commodities as financial instruments.

For example: 

  • A furniture manufacturer could have diminished margins if the price of wood relative to this time last year is higher.
  • A farmer could receive lower returns than expected if prices of specific crop prices fell. 

Price moves both up and down pose risks, thus price risk management is very important.

Determining Commodity Price Risks

Commodity traders and portfolio managers depend upon financial modelling, analytics, and statistical techniques to evaluate risk.

Some common approaches include:

  1. Value at Risk (VaR): Estimates the maximum lossable exposure for a portfolio based upon the commodity price movement of historic data.
  1. Sensitivity Analysis for (Commodity) Price Movement: An examination of how (commodity) price movement affects revenue, bottom-line income, and other financial metrics.
  1. Scenario Analysis: Simulated market outcomes to understand the possible effect on an investment.

Addressing Commodity Price Risk

Individual investors, traders and large institutional investors (whether investors are individuals or organisations) use a number of Strategies for commodity price risk management. Some common approaches include:

  • Futures Contracts: A contract to buy/sell a commodity at a specified price at some time in the future.
  • Options Contracts: Like futures contracts, but provides more flexibility, thereby allowing investors never to invoke exercise options on contract expiration.
  • Swaps: custom contracts between two parties that agree on a future reference date, typically used between organisations.
  • Hedging: A combination of futures, options and swaps to lessen the portfolio investment’s exposure to commodity price movement.

Major Risks Related to Commodity Prices

There are many external factors that affect commodity markets. Main risks include:

  1. Volatility: These are regular and sudden price movements due to supply and demand imbalances, geopolitical developments, or natural disasters.
  1. Supply-Demand Balance: Any changes in global consumption and production directly affect a commodity’s price.
  1. Currency Risks: Since commodities prices are usually denominated in foreign currencies, any fluctuations can impact profit taking.

Hedging Commodity Price Risk

Hedging is a strong method of protecting against commodity price risks. It is often thought that only institutions can hedge against these risks, but retail investors can use both futures and options on well-known exchanges, including:

National Stock Exchange (NSE)

Bombay Stock Exchange (BSE)

Examples of hedging methods:

  • Spreading Strategies: Spreading strategies use historical volatility to create alternatives with both futures and options.
  • Swaps for Corporates: Businesses with considerable commodity exposure use tailored swaps for extended protection.

Retail investors predominantly use futures and options, as they are a more accessible alternative.

To Sum Up

Changes in commodity prices due to supply and demand, politics in the world, and climate can have a huge impact on the performance of various portfolios. Successful traders and investors have solid management strategies for commodity price risk in order to minimize losses.

At Moneyplantfx, we discuss whether there is a hedge through derivatives such as futures, options, and swaps that will protect your capital and provide gradual growth.

The online demat account makes it very easy for the investor to manage commodity exposures and execute their entire risk management strategy.

Whether you are a new investor or an experienced trader, it is important to understand the commodity price risk and how to mitigate the risk to build a strong and profitable portfolio.

Read more-https://moneyplantfx.com/also-called-options-on-futures-commodity-options-have-grown-in-acceptance-among-traders-and-investors-looking-to-diversify-their-portfolios-hedge-risk-and-profit-from-price-movements-in-internation/