Report Code: A06703 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Commodity Services Market
Request Now !The commodity services market has experienced tremendous growth globally in recent years. A commodity refers to goods or services used in trading and exchanged with certain other commodities in the market. Primarily, commodities are used as inputs to manufacturing or processing of several goods or services. Commodity services are type of services that allow purchasers or sellers to meet the counterparty to trade a commodity or commodity related investment items. Traditional examples of commodities include gold, crude oil, zinc, lead, silver, natural gas, and cotton. Nowadays, several brokerage firms offer platforms and commodity exchanges to trade commodities instead of physical delivery of commodities.
Surge in demand for diversifying a portfolio with advance commodities over traditional securities and higher implied volatility in capital markets has enhanced individuals to approach commodity brokering services in the market. These factors fuel the market growth. However, higher competition, higher liquidity risks, and stringent government regulations are some of the factors that hinder the market growth.Â
Conversely, rise in financial awareness and less market penetration in emerging countries are expected to provide lucrative opportunities in the coming years.Â
The global commodity services market trends are as follows:Â
Various new services in the commodity industry are attracting huge customer base for bigger investments. For instance, in India, National Commodity and Derivatives Exchange (NCDEX), one of the largest online trading platforms based on agriculture, launched Agridextrading in May, 2020, to increase market participation. In addition, this trading platform allows traders, suppliers, and organizations of agricultural producers (FPOs), independent growers, institutional investors, and enterprises to hedge their risks in agricultural commodities in the market.Â
Launch of new derivatives for commodities has increased market participation in the commodity trading sector, owing to low cost investments. For instance, in January 2020, China's Zhengzhou Commodity Exchange launched rapeseed meal and thermal coal options in the country to provide hedging instruments in the energy sector. Moreover, in India, National Stock Exchange (NSE) introduced option derivative contracts and raised market participation to hedge the risks over commodities traded in the market. Â
Key benefits of the report:
Questions answered in the commodity services market research report:
Commodity Services Market Report Highlights
Aspects | Details |
---|---|
By Commodity Type |
|
By End user |
|
By Region |
|
Key Market Players | Mercuria Energy Group Ltd, Louis Dreyfus Company B.V., ADM, Gunvor Group Ltd, Koch Industries, Inc., Trafigura Group Pte. Ltd., Glencore plc, Cargill, Inc., Vitol, Bunge Limited |
Start reading.
This Report and over 68,113+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers