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

Head of Trading Desk (Chemicals) - Dubai-based
Negotiable, Dubai

Role Purpose: To build a specialized trading desk within the existing business. The role is aimed...

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Biofuel Trader
Negotiable, England

3+ years experience in a Bio-fuels role Experience in the following welcomed : Feed stocks, Bio-d...

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Grains Trader - Australia
Negotiable, Australia

Responsibilities: Maintain and expand upon existing commercial relationships Procure and manage c...

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Grains Trader - Australia
Negotiable, Australia

Responsibilities: Maintain and expand upon existing commercial relationships Procure and manage c...

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Coal/Iron Ore Operator
Negotiable, Singapore

Responsibilities To work closely with trading team to issue contract after trade are validated. N...

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Senior Oil Operator - Crude/Refined Products
Negotiable, Singapore

Responsibilities Operations including and not limited to the following broad areas: Manage the Cr...

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IT Analyst (ETRM) - Leading Oil and Gas Firm
Negotiable, Singapore

Responsibilities: Provide business solutions/functional-based systems support to our Commercial E...

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Regional Process Owner - Leading Construction Chemicals Firm
Negotiable, Klang

Responsibilities: Work as part of the global process owner community to design, test, and support...

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Physical Metals Trader
Negotiable, London

Responsibilities: Coordinate the settlements of metal transactions to support European and Asian ...

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