What Commodity Trading Companies Do (For Real)

Shipping and Commodity Academy 👉bit.ly/394CFHI
A former commodity trader explains what physical commodity trading companies do. You'll get an explanation of their five core activities (purchase, selling, storing, processing, and transporting) and the two other pillars that make them money.
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Timestamps :
0:00 Incredible Intro
1:23 Activity number 1
3:09 Activity number 2
3:35 Activity number 3
4:15 Activity number 4
4:49 Activity number 5
5:53 Real Reasons
7:53 whoooa!

[@user-jj7xg2el5x]

only channel where you get actually useful information and not some bullshit. well done Damien keep it rolling.

[@damienwursten]

Thanks George!

[@TheOlafSebastian]

I just started working in the commodity space and stumbling across your channels has been a great find. Certainly something I felt was missing.

[@user-gu2rt5hq2r]

Great Video, thanks!

[@snowsegun]

👏 👏 great job

[@user-sz7oi1eg3m]

Thank you Damian!
Very informative as usual

[@renatadupraz]

Excellent video

[@juantokyo_]

Brilliant video. Fantastic explanations. Love the communication style and wording. Very easy to follow and understand what’s going on.

[@damienwursten]

Thk!

[@randy5189]

Great video!!!

[@fjmakita]

I hope you speak french, but still, you're just blowing my mind.
I am fully involved in physical trading of metals, soybean, cottonseeds and relatives byproducts from Africa to India.
I really like your representation of commodity trading and I want to know if you can help me to build a knowledge system to be successful in my fields please.
Like, India is a top importer of scrap metal, I have a direct buyer there for sure who willing to buy, but don't know how to find safe supplier worldwide who give competitive price and accept LC for payment.

[@Akki-bhau]

I like your videos.
Hope i can get into commodity trading some day

[@nevillewealth9740]

Great video thankyou

[@AlwaysOOOps]

Wow Thank you sir, Can you do more videos about commodity market ❤️🔥

[@arsenasvarov1400]

Thanx for the video, althou revenue is much diff from profit. If im buying million barrels of crude for 1 $ and sell it for 1.05$, my revenue would be 1 million $ :) however impressive that sounds in the end i didnt make 1 million )

[@damienwursten]

If you buy at 1$ and sell at 0.8$, whatever the revenue, you lost money 🤫

[@agoogleuser6937]

Do you know CellMark?

[@asburycollins9182]

Which are publicly traded then?

[@damienwursten]

Olam, LDC, Glencore, etc…

[@asburycollins9182]

@@damienwursten thank you thank you. I will have a look at those