As the commodity trading industry looks back on Q1 of 2023, it is evident that the first three months of the year have been marked by a number of significant events. 

Industrialisation is a critical component of economic development, with many benefits that include improved standard of living, economic stability, growth in agricultural production, the balance of payment surpluses and high employment rates. 

Fraud has been a prevalent issue in commodity trading and financing over the past few years, most recently in relation to cargoes of metals.

Defying negative economic conditions and global market volatility, global trade still reached an all-time record of $32 trillion in 2022. However, growth turned negative in the second half of the… read more →

Your Monday morning coffee briefing from TFG, 27th March 2023

The recent rout in bank shares will not have a knock-on effect on commodities, global trading firm Trafigura’s chief financial officer Christophe Salmon told the Financial Times Commodities Global Summit… read more →

Your Monday morning coffee briefing from TFG, 20th March 2023

Dutch lender ING on Tuesday said it had toughened its lending policy to the oil and gas sector, restricting finance to clients engaged in commodity or trade finance and “midstream”… read more →

Your Monday morning coffee briefing from TFG, 6th March 2023

Hamsika Gopalan discusses the trade finance and commodity environment for SMEs in 2023. After a few years of volatility, 2023 is expected to be another difficult year.