ABSTRACT

This chapter examines Commodity Exchanges in Central Europe, particularly focusing on the Budapest Commodity Exchange and the Warsaw Commodity Exchange. It aims to refer the relations between Commodity Exchanges in Central Europe. The chapter focuses on globalization and examines the issues. It analyzes the function of the Budapest Commodity Exchange. The chapter describes a short statistical test on a commodity in the Budapest Commodity Exchange. The extremely high growth rate of nearly 300 per cent was noticeably different from other futures markets and it made the Budapest Commodity Exchange well known in the world. In 1999, public relations and providing information about the Warsaw Commodity Exchange were approved only in the Polish language, whose regulation was totally different from the Budapest Commodity Exchange. The Polish Agency of Agricultural Market purchased pork meat from Polish producers with a monopsony position, and they sold it by auction.