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Commodity Derivatives

In: OTC Markets in Derivative Instruments

Author

Listed:
  • Louise Rowsell

    (Mitsubishi Finance International)

Abstract

Just before the turn of the century, a soap manufacturer from Bolton, William Lever, leased at a nominal rent one million acres of land from the Belgian government in the Congo Basin. Twenty-five years later, after a personal investment of one million pounds, the land was to pass into his possession. Ownership enabled Lever to build his own palm plantations to produce palm oil, the essential raw ingredient in the manufacture of soap.

Suggested Citation

  • Louise Rowsell, 1993. "Commodity Derivatives," Palgrave Macmillan Books, in: OTC Markets in Derivative Instruments, chapter 5, pages 71-100, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13053-5_5
    DOI: 10.1007/978-1-349-13053-5_5
    as

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