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Economics/Production forecasting and commodity price


Ref: request for Information related to production forecasting.

Dear Dr. Taillard,

May I ask what are the factors affecting the production of the following products
a) cement
b) steel
c) ethylene
d) pulp & paper products

I understand that in the case of cement, the main driver is GDP per capita. Using time series data, I could forecast national cement production using regression analysis. However, my R square value using this methodology for crude steel projection is very low unfortunately.

My second question is how can I obtain details related to steel/cement producer's price for any country?

Any assistance is much appreciated.

Thanks & regards,


Well, for global commodities pricing, you can go to each nation's commodities market.  In the US, for example, the Chicago Mercantile Exchange ( has that information under the "Products and Trading" drop-down menu, then choose the asset class you're interested in.  I know it's tacky to refer to Wikipedia, but they have the most concise list of commodities exchanges from around the world (

As for the exact variables that have statistical significance on the production volume of those particular commodities, I'm afraid that it's a very specific question that's a bit outside my specialization.  My research focus has been related to global investing and trade behaviors, not commodities production.


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Michael Taillard


Accepts most economic questions


Consulting with major corporations, government agencies, political organizations, small businesses, non-profits, start-ups, and even individual people. Teaching at universities around the world, and developing original coursework. Performing original research and analysis. Writing books and scientific studies.

American Economics Association

Publications You can also check Proquest for a small selection of my research.

PhD (Financial Economics; honors) -- MBA (International Business Finance; honors) -- Grad School Certificate (International Business Management; honors) -- BS (International Business Economics; honors) -- AA (Business Administration; honors) -- Certificate (Chinese Language and Culture) -- Trade School (Transportation Logistics; honors)

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