Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

The Commodity Price Fluctuations Triggered by Political Issues

Authors
Boyu Jiang1, , Yulu Qin2, , *, Yuchen Zhao3,
1Daniels College of Business, University of Denver, Denver, US
2Faculty of Arts and Social Sciences, University of Sydney, Sydney, 2006 NSW, Australia
3School of Business, University at Albany, Albany, US

These authors contributed equally

*Corresponding author. Email: yqin7235@uni.sydney.edu.au
Corresponding Author
Yulu Qin
Available Online 26 March 2022.
DOI
https://doi.org/10.2991/aebmr.k.220307.090How to use a DOI?
Keywords
Product price volatility; International relation; COVID-19
Abstract

This paper explores the problem of product price fluctuations in the commodity trading market in Australia with three aspects, including Australia’s policy environment, the significant impact of policy on the Australian market, and how they can be improved in the future. In this article, the authors discuss the influence of commodity trading on account of a political problem. Taking the relations between China and Australia as an example, this article tells the impact of the deterioration between them. The exports amount of coal and iron ore exports change in Australia. Commodity trade has a positive or negative impact on other countries due to political problems. In the future, the COVID-19 still will influence the market a lot. Still, it does not know when will COVID-19 end. Oil prices will also change by clean energy because of new government regulations. The trade war between China could cause looking for a new supplier, but China and Australia still need each other.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.220307.090How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Boyu Jiang
AU  - Yulu Qin
AU  - Yuchen Zhao
PY  - 2022
DA  - 2022/03/26
TI  - The Commodity Price Fluctuations Triggered by Political Issues
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 558
EP  - 562
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.090
DO  - https://doi.org/10.2991/aebmr.k.220307.090
ID  - Jiang2022
ER  -