Managing energy price risk for the pulp and paper industry

被引:0
作者
Fraser, J. [1 ]
Breslau, C. [1 ]
机构
[1] Enron Capital & Trade Resources, Houston, United States
关键词
Costs - Energy management - Risk management;
D O I
暂无
中图分类号
学科分类号
摘要
The pulp and paper industry is an energy-intensive manufacturing business. With declining output prices, it has become increasingly important for firms to minimize and/or fix the variable components of their production costs. Energy costs occupy a significant portion of the cost-of-goods-sold for paper firms. A number of opportunities exist for paper companies to hedge their exposure to unpredictable swings in energy prices. The following reviews the methods for implementing an effective hedging program, and the potential opportunities arising from the changing North American supply and demand picture.
引用
收藏
页码:52 / 54
相关论文
empty
未找到相关数据