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Commodities Briefing - Categorized | Market Moves, Trading more

Commodities traders must be diverse to flourish-Noble

Posted on 16 October 2012

Commodities traders need to be large and diverse, but still nimble, to flourish in the rockier times ahead, Richard Elman, chairman of Hong Kong-based Noble Group Ltd, said on Monday.
As prices for some commodities lose steam, Noble has chosen a cross-commodity approach, rather than focusing on one area, Elman said at a key note speech in London marking the start of the industry wide London Metal Exchange (LME) week. “We think that’s key to surviving in the new, more challenging world,” Elman said………………………………………..Full Article: Source

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