Given that we are now 18 months on from the initial Covid-19 disruption that left every industry scrambling for the technology to power remote working, it may seem like an odd time to be discussing a move to the Cloud. After all, organisations that needed to work remotely have already set up a VPN or…
All metal markets have been volatile throughout 2021, and the uncertainty shows no sign of easing. For example, in the ferrous space, iron ore prices have crashed following a move by the Chinese government to extend pollution controls and steel production caps. The turbulence has also been fueled by the precarious position of the second-largest…
UK power markets are in a particularly volatile state right now due to the soaring cost of gas. The collapse of several energy firms and risk of further issues has left consumers worried, regulators and government stepping in, and increased pressure on the providers still in business to source the power they need. The immediate…
Energy Trading Week is returning in less than a month, with an in-person conference on 5-6 October and a full week of online sessions from 11-15 October. Gen10 will once again be sponsoring Energy Trading Week, continuing our long-term partnership with the event organisers. We find that Energy Trading Week offers an unrivalled opportunity for…
At the moment, shipping costs are extremely high and somewhat volatile, and managing freight and logistics costs is a particularly important consideration for all businesses. Organisations have already been forced to improve their logistics management during the Covid-19 pandemic, and the agility they have created will remain essential for managing these costs, and as lockdowns…
As with many commodities, petrochemicals are facing price uncertainty and ongoing changes to demand following the Covid-19 pandemic. The wide range of products within the petrochemical space makes it difficult to generalise market trends and means that businesses within these supply chains need to be aware of the situation for all their products – and…
With responsible sourcing high on the agenda across commodities, many industry bodies are taking steps to improve sustainability and transparency. The London Metals Exchange (LME) has launched several new products in 2021 with these goals in mind, and their results could be more far-reaching than appears at first glance. The LME have publicised their commitment…
Responsible sourcing has been steadily growing in popularity and importance for many years, but recent changes in consumer demand and legislation mean that commodities organisations need to be more aware of sourcing issues and may need more robust sourcing and traceability programmes more rapidly than they expected. As consumer demand for socially and environmentally responsible…
Gen10 have recently been exploring commodities credit risk and why the current market conditions suggest this is likely to be an area of heightened interest soon. Today, we consider the impact of environmental concerns on counterparty credit risk; why climate change is already a risk for organisations and for counterparty credit, and how this risk…
The commodities industry is bouncing back from the initial problems caused by the Covid-19 pandemic more rapidly than many would have predicted even this time last year, to the extent that the more bullish are even asking whether the widespread price rise could represent the early stages of a new commodities supercycle. However, it is…
