Why small commodity producers stay small
Damien / 24 June 2022 / Commodity trading
For the last year or so, I’ve been heavily involved with all kinds of small-scale commodity producers ( by small scale, I mean roughly less than 250’000 USD net profit per year)
To give you an idea, I dabble with two dozen commodities or commodity-like producers, such as manganese, cocoa, water, rare earth, avocado, solar energy, etc…
Here are my observations
They fail to understand the ruthless commodity game they are in.
How to find a job in a commodity trading company (best strategy)
Damien / 10 June 2022 / Commodity trading
The other day I was speaking with one of our SACA students that just finished his study and was about to start to find a job in the commodity industry. I was doing my usual spiel: the competition is fierce out there if you want to find a job in commodity trading, you need to be remarkable.
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Commodity supercycle explained (as a trader)
Damien / 27 May 2022 / Commodity trading
Commodity prices tend to go through extended periods of boom and bust, known as supercycles.
A supercycle is characterized by a prolonged period of rising commodity prices, supported by population growth and infrastructure expansion.
As you can see from the below chart, we have decades between each peak.
The difference between a trader and a broker
Damien / 13 May 2022 / Commodity trading - Trading companies
How to differentiate a trader from a broker?
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Physical Commodity Trader Salary
Damien / 29 April 2022 / Commodity trading - Conversation - Trading companies
The salary and bonus is the most critical part of a trade life.
If you want to become a commodity trader, you are money-driven. Let’s be honest, I’ve never heard any of my fellow trader friends say: “Oh, I would do this job even if I wasn’t paid.”
Salary and bonus are the ultimate performance scale!
To conduct this analysis, it took us six months, and we’ve gathered data about a bit less than 80 commodity traders. So I won’t say it’s statistical evidence. However, it gives a good look.