Commodity trading of chemicals foreseen

Today, the chemical marketer must constantly keep up with modern technology, its results, and its semantics. Only too lately he's been hearing of mathematical models, of input-output, of econometrics. Now, paradoxically, he may have to add to his vocabulary a bundle of words that have been around for quite some time, but for which he has had very little use. He is going to have to start thinking in terms of "futures trading," "demand charges," and "seasonal variations." He may soon find himself smack in the middle of the commodities market, according to several corporate sales executives and some people in banking and brokerage houses. Come the 1970's many chemical products are likely to be sold like any commodity—in large volume, on seasonal demand, and meeting standard specifications. One chemical that perfectly fits such conditions is ammonia. A chemical raw material which has already been sold on a commodity basis is propane. The seasonability of ...