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Commodities Briefing - Categorized | Performance, Trading more

It’s been a good run: commodities traders out-earned the big banks 2003-2013

Posted on 15 April 2013

The world’s leading commodities trading houses such as Glencore, Cargill, Vitol, Trafigura and Mitsubishi, who represent a “vital nexus between producers and consumers of raw materials” have earned $250 billion over the past decade, surpassing the likes of JP Morgan Chase, Goldman Sachs and Morgan Stanley.
The commodities ’supercycle’ that began in 2000 in response to rapid Asian economic expansion has entered a period of slowing spin as prices of commodities ranging from oil to copper to gold face increasingly strong headwinds………………………………………..Full Article: Source


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VRS - who has written 36243 posts on Opalesque Commodities Briefing.


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