An increase in Chinese business combined with improved commodity prices, greater availability of offshore debt and improved performances mean the traditional Asia commodity finance summer lull is not just late - it is not going to happen.
Gunvor has improved its cost of debt via two refinancings in the past month alone. But with two more deals out to market, the trader appears to be balancing improved pricing with the need to keep bank interest.
The changes that technology will bring to the commodities space are manifold. What can commodity trade finance expect from new technology and, more importantly, is it ready for it?
AML requirements are getting tighter and more costly for banks. But uptake of cost-cutting technology is slow – and for once it is regulators rather than banks that are hindering the process. Banks want direction and regulators do not appear to be providing it.
Systemic risk - not yet. But as more of the commodities market becomes concentrated in the hand of a few large traders, are bank exposure limits a workable buffer to an increasingly sophisticated set of market risks?
Despite being structured during what bankers are calling the project finance equivalent of a perfect storm, the sponsors of Coral FLNG have pulled off Africa's largest ever project borrowing and an FLNG first - and with a long tenor and competitive pricing to match.
The news that Glencore and Bunge have held informal talks about a ‘possible consensual business combination’ is the latest signal that the pace of consolidation in agri-trading is going to pick up. And there is little pure traders can do about it.
We’re taking the global export roadshow to Lisbon! Join us on the 7th & 8th June 2022 for another unmissable hybrid event. Deal makers from across the globe are attending in force. Don't miss out...
The destination for African commodity finance! A unique opportunity to come together with deal makers across this exciting region for virtual networking opportunities second to none!
Returning in-person to London! Calling all changemakers in trade & export finance - Join us for another thought-provoking edition to plot your ideas about diversity, sustainability and inclusion.
Return of the hugely popular virtual event which addresses the challenges of sustainable commodity finance head on. Bringing you an atmosphere that is inspiring & ideas led! The time is now...
TXF Asia is back, in-person, in Singapore! After three fabulous virtual editions, nothing can compare to face-to-face meetings and getting back in the room with the finest export finance minds.
Three virtual editions later, TXF APAC makes its first in-person return, in Singapore! Join us for an intimate, local language event curated specially for the trade and commodity finance market.
The climax to Geneva commodities week, TXF Geneva brings together the European commodity finance market for an unparalleled two days of thought leadership, networking and education.