GLOBAL WATER SPECULATION BEGINS
Last Tuesday, December 8, water began to trade on the New York Stock Exchange. The futures contracts linked to the spot price (cash price) of water have begun to be the result of speculation in the Wall Street market1. Thereby, it will be traded in a similar way to gold and oil. At the moment, this stock index, NQH20, only trades the water of five areas of California2. Although there are already other antecedents of water rights speculation3, the fact … Read more