The Commodity Price Fluctuations Triggered by Political Issues
These authors contributed equally
- DOI
- 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.
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 - 10.2991/aebmr.k.220307.090 ID - Jiang2022 ER -