Hedging Strategies for Brazilian Ethanol: an analysis of domestic and foreign futures contracts operations
Several changes in biofuels international market has influenced local market dynamics and price risks. This study proposes to assess the hedging effectiveness and basis risk of the Brazilian ethanol using domestic and U.S. futures contract from 2010 through 2019. We use the simultaneous hedging for...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidade Federal de Santa Catarina
2019-04-01
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| Series: | Revista de Ciências da Administração : RCA |
| Subjects: | |
| Online Access: | https://periodicos.ufsc.br/index.php/adm/article/view/50040 |