megacontango's profile picture. Reporting on commodity trading of all stripes 🛢🌾⛏ for @business l Message me on Threema: H3X67A3K

Archie

@megacontango

Reporting on commodity trading of all stripes 🛢🌾⛏ for @business l Message me on Threema: H3X67A3K

Archie reposted

Swiss metals trader Mercuria & US Development Finance Corp.-backed Techmet are talking about developing a prized coltan project, Rubaya, currently controlled by M23 rebels, if the Trump administration can broker a peace deal bloomberg.com/news/articles/…


International banks agreed to provide Gunvor with $2.4 billion in credit, with the announcement coming less than a day after the US Treasury called the company “the Kremlin’s puppet” and blocked its pursuit of Lukoil's international assets. bloomberg.com/news/articles/…


Archie reposted

COMMODITY TRADING: The world’s metal traders are enjoying their most profitable ever year in 2025. “There have been some phenomenal opportunities,” Kenny Ives, the boss of IXM, the third-largest metals trader, said. @megacontango @jfarchy @cangsizhi bloomberg.com/news/articles/…


Archie reposted

Meet the obscure commodity trader whose breakneck rise has put the global iron ore market on edge and drawn the attention of the Chinese state @cangsizhi @megacontango @kathgemm bloomberg.com/news/articles/…


Archie reposted

Oaktree Capital is in talks to sell a minority stake in Hartree Partners, the #commodity house it first invested in a decade ago and has since helped grow into a global trading powerhouse. W/ ⁦@megacontango⁩ ⁦@_ToddGillespie⁩ ⁦@jfarchybloomberg.com/news/articles/…


Mercuria Energy Group Ltd.’s new metals division is up by around $300 million in trading profits so far this year, as the firm accelerates its return to the sector after years focused on oil and gas. @cangsizhi @jfarchy bloomberg.com/news/articles/…


Bite into Mars or Hershey chocolate, chances are its raw product was made by Barry Callebaut - a secretive company that processes >20% of the world's cocoa. Dug into how the co is trying to work it's way out of crisis w/ @paula_doenecke & @MumbiGitau bloomberg.com/news/features/…


Archie reposted

Glencore and Trafigura have a new rival in old-fashioned metals trading: ultra-modern quants. Read how Squarepoint is competing head-to-head with industry giants. Story with @megacontango & Julian Luk bloomberg.com/news/articles/…


Archie reposted

An expected move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s biggest gathering of oil executives this week, with chatter about looming oversupply certain to dominate conversations bloomberg.com/news/articles/…

bloomberg.com

OPEC+ to Dominate Singapore’s Glitzy Oil Bash as Surplus Looms

A move by the world’s top oil-producing nations to once again increase output is set to cast a pall over Asia’s biggest gathering of industry executives this week in Singapore, with chatter about an...


Archie reposted

Oil traders are finding it harder to make money in a market whipsawed by tariffs and war, writes @megacontango bloomberg.com/news/newslette…


Took a look at the massive battery farms that commodity traders are pouring money into in Europe as renewables put grids under strain and power prices increasingly turn negative. w/@MathisWilliam bloomberg.com/news/articles/…


Archie reposted

COMMODITY TRADING: Touton SA, based in the French town of Bordeaux, has hired bankers for a potential sale. Touton is a medium-size player in the highly specialised cocoa and coffee sector. In cocoa, it ranks as the world’s top-6 trader. @isiscarol14 bloomberg.com/news/articles/…


The facility can hold as much as 10 million barrels of oil. In the past, it has been a key storage point for extra oil when there was too much supply, allowing traders to profit by holding oil and selling it later at higher future prices. w/@pburkhardt bloomberg.com/news/articles/…


Archie reposted

On one of the most unbelievable satellite images I've ever seen, showing hundreds of Palestinians surrounding aid trucks north of Rafah. nytimes.com/2025/07/29/wor…

AricToler's tweet image. On one of the most unbelievable satellite images I've ever seen, showing hundreds of Palestinians surrounding aid trucks north of Rafah.
nytimes.com/2025/07/29/wor…

Archie reposted

COMMODITY TRADING: Vitol handed a record $10.6 billion to its executives and senior staff through share buybacks last year, as the fallout of the energy crisis continued to deliver great riches to the world’s commodity traders. @jfarchy @megacontango bloomberg.com/news/articles/…


Archie reposted

At least four ships carrying copper are trying to reach US ports before August to get ahead of planned import tariffs on the metal bloomberg.com/news/articles/…


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