Philippine E-Journals

Forecasting And Updating Prices Of Selected Commodities In The Philippines Futures Market

Milagros F. Malaya

Discipline: Economics, Business

 

Abstract:

One investment that has made millionaires overnight is the futures commodities market. It is the proverbial pot of gold for those who have turned richer and the woeful tale of the many others who have lost their money in just the wink of an eye. The Philippines futures market is relatively new, being in existence for a little less than 12 years, with the local commodity exchange inaugurated only in the latter half of 1987. Its intricacies are quite unknown to local businessman, but somehow it is highly attractive to liquid investors, particularly the Chinese.