Bonus Season 2023 – ‘the great retention’? (Bulk Edition)

​What people are talking about Macquarie posted another record annual profit on Friday, primarily driven by a strong performance from the CGM division, as more customers hedged against volatile energy markets. The Head of Commodities; Nick O’Kane was rewarded with compensation of USD 39 million, eclipsing that of the bank CEO. Chinese futures markets in…

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Changes in Commodities Financing and Demand for Talent

​What people are talking about ​ Aurex attended FHA 2023 and noted strong activity levels across the commodities, ingredients, and food sectors with significant representation amongst the milling and alternative proteins segments. Industry players share similar comments that though business is “tough”, it is mostly due to new entrants or competition from other firms. The…

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Commodities Fraud

​What people are talking about: Saudi Aramco has expanded its presence in China by taking a 10% stake in Rongsheng Petrochemical and has announced a joint venture with 2 other Chinese companies to build a refinery and petrochemicals complex in Zhejiang province. At the FT Commodities Summit in Lausanne, leaders from the metals and commodities…

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China Reopens and Talent

What people are talking about A research report by Hindenburg Research has led to accusations against Gautam Adani and his empire causing a USD 50bn selloff, internal panic, and rebuffs from the group. The wider commodity world and particularly those with links to India is closely watching as this evolves. McKinsey has released a report…

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Recruiting Trends for Bulk Commodities in 2022

​A look back at 2022 The agricultural and drybulk markets in 2022 performed strongly, in line with the general sentiment around the commodities industry being a hedge against rising inflation rates the world around. Significant interest has flowed around this topic as the world continues to suffer from resource security concerns, supply volatility, the rising…

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