"In this paper we seek to produce forecasts of commodity price movements that can systematically improve on naive statistical benchmarks, and revisit the forecasting performance of changes in commodity currencies as efficient predictors of commodity prices, a view emphasized in the recent...

chapter 1 PRAs and the commodity markets they serve -- chapter 2 The PRA business model -- chapter 3 How price benchmarks work -- chapter 4 Who are the price reporters? -- chapter 5 A brief history of energy PRAs -- chapter 6 PRAs in the metals and minerals markets -- chapter 7 PRAs in the...