Who are the top 4 commodity traders? (2024)

Who are the top 4 commodity traders?

What is the extent of influence that the Big 4 commodity traders (ADM, Bunge, Cargill, Dreyfus) has on prices of soft commodities? - Quora. They are just a market participant like many others, even if they want to, dont think they are able to corner the market like how some famous rogue traders used to.

Who are the largest commodity traders?

The four leading privately-owned energy traders — Vitol, Trafigura Group, Mercuria and Gunvor Group — have made combined net profits of more than $50 billion in the past two years, according to Bloomberg News calculations. By comparison, in 2018-2019 their combined earnings were just $6.8 billion.

Who are the Big 4 commodity traders?

The first introduces the four big commodity traders – Archer Daniels Midland (ADM), Bunge, Cargill, and Louis Dreyfus – which are the focus of this study. Collectively, these trading companies are often referred to as 'the ABCD companies' because of the coincidence of their initials.

What is the number 1 traded commodity?

The most traded commodity is crude oil. Crude oil is used in many products, from petrochemicals to petroleum to lubricants to diesel.

Who are the ABCD commodity traders?

Archer Daniels, Bunge, Cargills, and Louis Dreyfuss control 90% of the global grain trade, plus considerable parts of the food processing chain. Collectively known as the ABCD companies, they may not be as recognizable as the big four oil or tech names but approach them in their economic clout.

Who are the richest oil traders?

The four largest traders—privately-held Vitol Group, Trafigura, Gunvor, and Mercuria—have also paid record dividends to their employee shareholders, and even after these record payouts, the trading houses are now sitting on nearly $60 billion in combined equity, according to estimates by Reuters.

What are the top 3 commodities in the world?

Three of the most commonly traded commodities include oil, gold, and base metals.

Do commodity traders make a lot of money?

The salaries of Commodities Traders in The US range from $73,918 to $762,812, and the average is $166,453.

Is it hard to become a commodity trader?

This profession often requires extensive training. Many commodity traders earn a bachelor's degree in business, finance or a related field. Some high-level traders may earn a Master's in Business Administration to further advance their knowledge of the market.

Who are the players in the commodity market?

The players in the commodity derivatives market can be classified into two major categories - risk givers and risk takers. Risk givers or hedgers refer to those who have a risk due to physical exposure to the commodity, and are looking to pass on their risk by taking a sell or buy position on Stock Exchange.

What is the richest commodity in the world?

What About Crude Oil? Crude oil is by far the biggest commodity market, and oil prices were the talk of the town for much of 2022. Following Russia's invasion of Ukraine, WTI crude oil prices rose to their highest level since 2013 by May 2022.

What is the most sold commodity in the world?

Crude oil ranks as one of the most traded commodities in the world. Commodity traders who had taken long positions on crude oil last year made a lot of money. Crude oil prices decreased in 2020 as a result of COVID-19 and the consequent global lockdowns. However, the rate of immunisations increased in 2021.

What is the fastest selling commodity in the world?

Brent Crude Oil

Brent Crude oil is the most traded global commodity. Brent Crude is extracted from the North Sea and accounts for two-thirds of global oil pricing.

Who are the largest grain traders in the world?

The world's largest commodity traders have a significant impact on the modern agri-food system. Archer Daniels Midland (ADM), Bunge, Cargill and Louis Dreyfus, are dominant traders of grain globally and central to the food system, but their role is poorly understood.

Who controls commodity market?

SEBI regulates Commodity Derivative Markets Since September 2015. Prior to that Forward Market commission, Overseen by Ministry of Consumer Affairs regulated Commodities.

What are the 7 commodities?

Estimating the Role of Seven Commodities in Agriculture-Linked Deforestation: Oil Palm, Soy, Cattle, Wood Fiber, Cocoa, Coffee, and Rubber.

Who is the billionaire trader?

Rakesh Radheyshyam Jhunjhunwala (5 July 1960 – 14 August 2022) was an Indian billionaire investor, stock trader, and Chartered Accountant. He began investing in 1985 with a capital of ₹5,000, with his first major profit in 1986.

Who is the richest oil family in the world?

At $305 billion, the Al Nahyan family—oil tycoons, politicians, and royalty—is the richest family in the world.

Who is most successful trader?

What is the hottest commodity right now?

What are the top 4 commodities in the US?

The 10 largest sources of cash receipts from the sale of U.S.-produced farm commodities in calendar year 2022 are (in descending order): corn, cattle/calves, soybeans, dairy products/milk, broilers, hogs, miscellaneous crops, chicken eggs, wheat, and hay.

What is the most traded food?

Can you make a living trading commodities?

Trading commodities for a living is a dream of many aspiring traders, but only a small number of people can make this a reality. Although it is a difficult process, there are several things you can and must do in order to make this a profitable and lasting venture.

How many hours do commodity traders work?

Securities, commodities, and financial services sales agents usually work full time and some work more than 40 hours per week. In addition, they may work evenings and weekends because many of their clients work during the day.

How much money do I need to trade commodities?

Unlike stock trading or investing in mutual funds or ETFs, commodity trading offers tremendous leverage. In trading commodity futures, you typically only have to put up about 10% of the total contract value. This enables you to make much higher percentage gains with your trading capital.