On the 9th February, Swiss-based commodities trader Trafigura alleged that it had been exposed to “systemic fraud” to the value of $577 million of nickel, in relation to UAE-based businessman Prateek Gupta’s London trading company TMT Metals Holdings Ltd, and companies connected to him.
Analysts are seeing the recent drop in earnings by the world’s biggest mining companies as a sign that the days of bonanza dividend payouts are over.
Your morning coffee briefing from TFG: Energy expert slams UK’s net-zero strategy as ‘hopelessly unrealistic’.
Oil rallies, gas surges, nickel explodes: How sanctions and Russian aggression are terrorising commodities markets
Why have commodity prices surged in the last two weeks, and will they ever come back down again? TFG’s Marcus Lankford investigates…
The race is on to lead the world in electric vehicle (EV) production. Will China dominate, or will the EU and Japan forge ahead?
Since the United Nations (UN) adopted the 2030 Agenda for Sustainable Development, industries have started planning for more sustainable practices
This article was co-authored by:
– Arun Prakash, strategy officer for trade and commodity finance at IFC
– Dennis Ochieng, economist at IFC
– Shanshan Li, consultant at IFC
World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
Your morning coffee briefing from TFG. Global inflation troughed last summer, and has risen markedly since. Britain, Ireland agree to work together to smooth post-Brexit trade and the US Colonial pipeline resumes operations following ransomware attack.
Trade Finance Global (TFG), today announced a media partnership with Reuters Events flagship Commodity Trading Summit, a virtual series of events featuring commodity producers, traders, buyers and investors.
Mitsubishi Corporation RtM Japan Goes Live With ECO, Powered By Skuchain’s Blockchain-Based EC3 Platform
Skuchain, Inc. announced today the launch of the ECO system for precious metals trading, a joint project with Mitsubishi Corporation RtM Japan Ltd., the minerals trading subsidiary of Mitsubishi Corporation.
The Impact of Political Risks and Macroeconomic Policy Uncertainties on the Growth of Trade in Africa
If Africa is to realize her trade potential, they must be willing to implement far-reaching reforms across all the segments and institutions of the economy.
How the collapse of Hin Leong Trading should accelerate the adoption of technology for trade finance
Hin Leong Trading’s, founded by Singaporean oil tycoon Oon Kuin, collapse sends shockwaves through industry leading businesses to significantly embrace digital transformation.
Michael Rolfe, Head of Commodity Finance at Bank Leumi spoke to TFG’s Deepesh Patel at ExCred Commodities London.
The world’s largest exporter, China is set to grow with its huge Belt and Road Initiative (BRI) over the next few years. TFG heard from Lantana Tech’s CEO, Derek Lee, on some of the challenges and opportunities within this market.