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In times of turbulence, the world needs physical commodity traders

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In times of crisis such as the recent oil market disruption, the role of commodities trading firms becomes more important than ever, as their supply chains can alleviate some of the industry's natural bottlenecks.

TURBULENT markets, such as those triggered by the Covid-19 crisis, inevitably raise worries about risks to the financial and trading system. Given the scale of recent price movements, particularly the oil price, attention has naturally turned to the commodities trade. This attention was further...

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