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Commodities Briefing - Categorized | Performance, Trading more

Commodity traders’ $250bln harvest

Posted on 15 April 2013

The world’s top commodities traders have pocketed nearly $250bn over the last decade, making the individuals and families that control the largely privately-owned sector big beneficiaries of the rise of China and other emerging countries.
The net income of the largest trading houses since 2003 surpasses that of the combination of mighty Wall Street banks Goldman Sachs, JPMorgan Chase and Morgan Stanley, or that of an industrial giant like General Electric. They made more money than Toyota, Volkswagen, Ford Motor, BMW and Renault combined………………………………………..Full Article: Source


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VRS - who has written 40228 posts on Opalesque Commodities Briefing.


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