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05 May 2017

Sow and reap: Glencore secures RCF refi amid agri push

Glencore has secured refinancing for its RCF as the company continues to impress following its 2015 difficulties. The recent emergence and success of its agri business...

01 May 2017

Perfect 10 Dongying Fangyuan: A well-placed SAFE bet - a TXF commodity finance Deal of the Year

The largest structured commodity trade finance syndication done by a chinese copper producer to date, Dongying Fangyuan made clever use of China’s SAFE rules to go...

06 March 2017

Mining for ministerial magic at TXF Africa 2017

Hon. Dan Kazungu Muzee, Cabinet Sectary at the Ministry of Mining in Kenya, has been confirmed as a keynote speaker for TXF Africa 2017.

12 January 2017

Cofco Agri changes course?

Following the departure of its grains chief executive, Matt Jansen, Cofco Agri appears to have altered its plans to become a global agricultural trader. The shift could...

09 January 2017

Louis Dreyfus Commodities bolsters European RCF

Despite margin pressure in some of its key markets in 2016, Louis Dreyfus has added $200 million to its European RCF – pulling 38 banks into the facility with pricing...

06 January 2017

Agri traders look to provide supply chain value

Smithfield Foods, one of the US’s largest pork producers, is purchasing grains and grain elevators directly from farmers and steadily removing traders from parts of their...

21 December 2016

ICC Trade Register 2016 promotes low risk of trade finance, but investors should still take care

The ICC Trade Register for 2016 finds that trade finance continues to have a favourable risk profile. However, some within the trade finance community question whether...

20 December 2016

Commodity finance 2016: agri traders suffer, bankers prosper

As we approach the end of a year that has made the headlines for a variety of reasons, many surprising, shocking and unexpected events have also played out in the...

19 December 2016

Lenders retain Cofco confidence despite Nidera issues

Agricultural trader Nidera has had a string of problems in recent years as it continues its integration into Cofco Agri. However, lenders are still confident that Cofco...

09 November 2016

False friends? Trade finance keeps calm despite trade flow woes

Reduced growth forecasts for global trade from the WTO has caused consternation among businesses and economies as the gloomy outlook sees trade flows dip below GDP...

06 October 2016

Landmark $500m stand-by LC set to transform Ghana power generation

In a ground-breaking transaction for Ghana, HSBC and Standard Chartered Bank have issued a $500 million stand-by letter of credit on behalf of Ghana National Petroleum...

05 August 2016
in
Agri/Soft Commodities

Sustainable supply chain management gaining momentum

Olam’s acquisition of Archer Daniels Midland (ADM)’s cocoa business provides the perfect opportunity to investigate the trader’s track record for sustainable cocoa and...

28 June 2016

Cargill and Bunge go against the tide on sustainable palm oil

Cargill and Bunge stood out as the only traders not to cut ties with Malaysian palm oil producer IOI after its sustainability certificate was suspended, throwing up...

14 June 2016

Mercuria closes $2.2bn RCF, but takes less than last year

Mercuria Energy Trading has closed its $2.2 billion multi-currency revolving credit facilities. In a sign of the times of banks’ appetite for strong commodity trading...

06 May 2016

Why are banks withdrawing from correspondent banking?

Banks are continuing to withdraw from many of their correspondent banking relationships - a process which threatens global trade, especially in poorer countries. TXF...

20 April 2016

Former Berne Union president takes leading role at XL Catlin

Daniel Riordan has been appointed as president, XL Catlin Global Political Risk and Trade Credit. This represents a significant move from the private insurance...

19 April 2016

BEST AMERICAS COMMODITY FINANCE DEAL OF THE YEAR: Vicentin closes PXF amid Argentinian election uncertainty

In the face of precarious politics and a troubled economy, Argentina's largest soy bean producer Vicentin closed a $135.3 million PXF in the country's largest...

20 January 2016

Fighting trade finance’s corner

Daniel Schmand, Deutsche Bank’s EMEA head of trade finance & cash management corporates, was elected the new chair of the International Chamber of Commerce’s (ICC)...

20 January 2016

Exporters’ Choice Awards 2015 winners announced

TXF has announced the winners of the 2015 Exporters’ Choice Awards. Only three banks and three export credit agencies (ECAs) have qualified for the award.

23 December 2015

The 10 biggest trade and treasury market moves of 2015

Below are the 10 people moves that defined the trade and supply chain world in 2015. We have listed the 10 biggest trade and supply chain market moves that we...