Commodity traders urged to seize opportunity as investment in critical metals lags
Energy and metals traders can tap into a rapidly growing value pool by bringing greater liquidity and risk management tools to a lucrative but underfunded market, a report by McKinsey says.
The value of commodity trading pools nearly doubled from 2021 to 2022, reaching US$99bn in trading earnings before taxes and interest, finds the report, published on September 26.
It also says commodities are “currently significantly underpriced” despite rising demand driven by the energy transition…Full Story