| Glencore Xstrata, Vitol and Trafigura face the prospect of increased competition and lower margins, as national companies from the Middle East, the former Soviet Union and southeast Asia enter the commodity trading market.
Graham Sharp, one of the founders of Trafigura and an adviser at industry consultancy Oliver Wyman, has predicted that between five and 10 “significant” competitors will emerge over the next five years, as national companies try to squeeze higher returns from assets and protect access to end markets...............................................Full Article: Source
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