More than two years after it emerged that Trafigura Group lost over half a billion dollars in an alleged nickel fraud, a trial began as the trading giant attempts to recover losses from the man it says was behind the scam.Proceedings kicked off at the High Court in London on Monday in the trial involving Trafigura — one of the world’s top commodities suppliers — and Indian businessman Prateek Gupta. Trafigura brought the claim after shocking the market in 2023 when it announced that almost $600 million of m ...

The corn market traded either side of unchanged overnight through Monday’s early morning hours, on still light trade volume. December has lost its status of most open interest, but I’ll begin with the nearby issue anyway. Dec25 is showing a 3.5-cent trading range, 1.75 cents on either side of unchanged and was sitting 1.25 cents higher while registering 23,000 contracts changing hands. Is this big volume or moderate at best? It’s difficult to tell these days. My Blink reaction is to say low volume, but agai ...

Group 1 - The Hecht Commodity Report is a comprehensive source for commodities analysis, covering over 29 different commodities with various market calls and trading recommendations [1][2] - The report provides insights into the natural gas market, particularly as it approaches the peak demand season in the United States, which typically sees inventory declines during winter [2] Group 2 - The report includes bullish, bearish, and neutral calls, along with actionable ideas for traders and investors [1][2] - The injection season for natural gas runs from March to November, while the withdrawal season occurs from November to March [2]

Milestone Marks Diversification into the Liquified Petroleum Gas (LPG) Market Dallas, TX, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), an integrated provider of energy transportation, storage, reuse, and remediation services, today is pleased to announce that its commodities trading platform, Vivakor Supply & Trading (“VST”), has initiated its first major commodity transaction utilizing the Company’s previously announced $40 Million Intermediation Credit Facil ...

Core Insights - The Hecht Commodity Report is recognized as one of the most comprehensive commodities reports available, covering market movements of over 29 different commodities and providing various trading recommendations [1][2]. Group 1: Report Overview - The report includes bullish, bearish, and neutral calls, along with directional trading recommendations and actionable ideas for traders and investors [1][2]. Group 2: Author Background - Andrew Hecht, a veteran with 35 years of experience on Wall Street, specializes in commodities and precious metals, and runs The Hecht Commodity Report [2].

Core Insights - The surge in gold prices has led to unprecedented demand from new clients, including large corporations and family offices, indicating a significant shift in the market dynamics [1][2] - Trading houses and hedge funds are capitalizing on price dislocations between trading hubs, creating lucrative arbitrage opportunities [3][4] - The market has seen a dramatic increase in trading volume, with nearly $600 billion worth of spot gold traded weekly in London, a threefold increase since 2021 [6][7] Market Dynamics - The current market is characterized by a lack of experienced gold traders due to banks operating with lean teams, which has resulted in a shallow talent pool [5][6] - The demand for traders who understand macroeconomic forces and the logistics of moving precious metals is high, as these skills are crucial for exploiting arbitrage opportunities [7] Compensation and Incentives - Traders in the physical trading houses and hedge funds are experiencing significant turnover, with many being approached for new opportunities due to the competitive market [8][10] - Compensation packages, particularly bonuses, in physical trading houses can be 2 to 3 times higher than those in banks, making these positions highly attractive [9][10]

Core Insights - There is a significant increase in demand for specialist gold traders as interest in gold surges, leading to heightened competition for talent and rising pay packages in the sector [1][4] Industry Trends - Major commodity traders such as Trafigura Group and Gunvor Group have expanded their teams of precious-metals traders this year, with other firms like IXM and Mercuria Energy Group also seeking to hire in this area [2] - The precious metals market, particularly gold, has historically been dominated by a few banks like JPMorgan Chase, HSBC, and UBS, but the recent price increases have attracted new market participants [3] Market Opportunities - The precious metals markets have presented various profit opportunities this year, including a significant arbitrage trade that brought tens of billions of dollars' worth of metal into the US and a notable silver squeeze in the London market [5] - The leading banks collectively earned $500 million from precious metals in Q1 2025, which is approximately double the average quarterly earnings over the past decade [6]

Core Insights - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets, including roles as a financial journalist and analyst [1][2] - He has covered all futures markets traded in the U.S. and has worked with various news and advisory services [1][2] Group 1 - Jim Wyckoff is the proprietor of "Jim Wyckoff on the Markets," which offers analytical, educational, and trading advisory services [2] - He has held positions as a technical analyst for Dow Jones Newswires and as a senior market analyst with TraderPlanet.com [2] - His educational background includes a degree in journalism and economics from Iowa State University [2] Group 2 - Jim provides daily market roundups and technical analysis on Kitco.com [3]

Core Insights - The integration between MineHub Technologies Inc. and Abaxx Technologies Inc. aims to facilitate real-time title transfers for in-transit shipments of non-ferrous metals, marking a significant step in their collaboration announced in September [1][2][3] - This initiative is designed to connect physical trade documentation with financial systems, enhancing liquidity and capital efficiency in commodity markets [2][3] Company Overview - MineHub Technologies is a provider of digital supply chain solutions for commodity markets, focusing on improving efficiency, resilience, and sustainability in raw material supply chains [10] - Abaxx Technologies is a financial software and market infrastructure company, aiming to create smarter markets through better tools and technology, particularly in the context of the energy transition [4][5] Technical Integration - The first technical integration of Abaxx's Verifier+ identity application with the MineHub platform has been completed, laying the groundwork for a pilot program [1][2] - This integration is expected to demonstrate how trusted ownership records can enhance collateral efficiency in the metals trade [3] Market Potential - The collaboration is positioned to unlock a USD 50 trillion opportunity by connecting real-world assets to modern collateral and settlement systems [3] - The pilot program will engage prospective market participants to explore commercial use cases and shape the future of digital title transfers in commodity markets [3]

Core Insights - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets, including roles as a financial journalist and market analyst [1][2] - He has covered all futures markets traded in the U.S. and has worked with various financial news and advisory services [1][2] Company and Industry Summary - Jim Wyckoff operates the "Jim Wyckoff on the Markets" analytical, educational, and trading advisory service, providing insights into market trends [2] - He has held positions as a technical analyst for Dow Jones Newswires and as a senior market analyst with TraderPlanet.com, showcasing his expertise in market analysis [2] - Wyckoff is also a consultant for the "Pro Farmer" agricultural advisory service, indicating his involvement in agricultural market analysis [2] - He was the head equities analyst at CapitalistEdge.com, further emphasizing his extensive background in equity markets [2] - Daily market updates and technical analysis are provided by Wyckoff on Kitco.com, highlighting his ongoing engagement with market participants [3]