Tag: Commodity Trading Challenges
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Commodity Trading Forecast 2021: Key Market Insights
[vc_row][vc_column][vc_column_text] While we bid adieu to 2020 – a rollercoaster of a year, many are curious of what 2021 holds in store! Will the negative oil prices take longer to recover? Will the market experience stagnancy? Or will the new year pave a brighter path for commodity trading? Allow us to clear the air for you!…
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Digital Technology Steels The Show In Metals Trade!
[vc_row][vc_column][vc_column_text] Through the years, the metals industry has made significant investments in process control and optimization. However, most steel and metals manufacturer have been slow to harnessing the true potential of digitalisation. As a result, only 10% traders break even and 10% yield profits. Rapid innovation in data analytical tools, commodity trading software, mobile technology…
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Why Commodity Traders Are Losing Massive Money?
[vc_row][vc_column][vc_column_text] Through the years, commodity trading has gained enormous admiration as a great investment and flourishing industry. According to research, the global commodities marketplace is valued at over $20 trillion p.a. with crude oil worth $1.7 trillion, alone. However, given the complexities involved several commodity traders especially SMEs are at a high risk of trading…
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Why 80% Commodity Traders Struggle To Ace it at the Race?
[vc_row][vc_column][vc_column_text]“Digital Transformation is the process of using digital technologies to create new – or modify existing business processes, culture, and customer experiences to meet changing business and market requirements.”, defines Salesforce. Over 80% commodity traders are prone to struggle with inaccurate accounting, inefficient time management and complex documentation due to lack of digital integration in…