Commodities

Commodities

​Commodities, whether they are in the form of food, metals or energy, are an important part of everyday life. If you drive a car, you will be concerned with the rising price of crude oil, and a drought in the Argentinean soybean supply, like the one in 2018, will influence the cost of your next meal. Argentina, the world’s third-largest exporter of soybean and corn, experienced losses of $600m dollars in 2018, losses that were inevitably passed on to the consumer.

Overall, commodities were on a mostly sound footing in the first half of 2019. The S&P GSCI returned more than 13% as of June 30, one of the best first six months in recent memory. The S&P GSCI is a composite index of commodities that measures the performance of the commodity market. The index made up of 24 exchange-traded futures contracts covering physical commodities spans five sectors. The 2019 sectors include energy, industrial metals, precious metals, agriculture, and livestock. Energy was the largest sector at 62.63% of the index. Agriculture had a 15.41% share, while livestock came in at 6.66%. Industrial metals accounted for 11.16% of the GSCI, and precious metals were 4.14%. In a repeat of last year, crude oil was the top performing commodity, up 28.76% as of June 30 (investopedia).

In the US, The Commodity Market Council (US) is focused on ensuring end-users are able to utilize markets that are safe, stable, and liquid, participating in the implementation of Dodd-Frank Act regulations by the Commodity Futures Trading Commission (CFTC), and obtaining legislative relief from regulations on commodity end-users.

Demand for commodity trading specialists is increasing, with employment for all commodities, securities, and financial services traders and sales agents expected to grow by ten percent between 2014 and 2024.

Commodities Jobs

Aromatics Trader
Negotiable, Singapore

JOB DESCRIPTION Manage and achieve targets set by the business Help to strategize business opport...

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Senior Oil Product analyst
Negotiable, England

Key responsibilities of the position: Providing real time analysis and support for the physical o...

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Mergers & Acquisitions (M&A) - Renewable Energy
Negotiable, Essen

You will work in the Controlling, Valuation, Risk & Projects department within the Controlling & ...

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Senior Scrap Purchaser
US$90001 - US$170000 per annum, Missouri River Township

They currently have an established purchasing desk but are looking for a Senior Scrap Purchaser t...

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Senior Scrap Trader
US$95001 - US$180000 per annum, Missouri River Township

They currently have an established Trading desk and are looking to build their coverage further. ...

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Senior Bunker Trader
£70000 - £120000 per annum, London

The functions of the role include: - Join the team with a transferable book of business and start...

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Director, Business Development
Negotiable, Singapore

JOB RESPONSIBILITIES Identifying customer needs and establish target areas for new business and o...

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Oil Originator
£70000 - £110000 per annum, London

Some responsibilities of the role include: - Seek out opportunities to deliver the strategy of th...

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Coal Originator - Based in Jakarta
Negotiable, Jakarta

Responsibilities Procurement Develop and implement key sourcing strategies aligned with the Compa...

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