The LME Nickel Crisis with Jack Farchy

The LME Nickel Crisis with Jack Farchy

On March 8th 2022, Nickel prices spiked 100% to $100,000 a tonne in a matter of hours, triggering billions of dollars in margin calls and threatening the very existence of the exchange. The LME took the unprecedented, and controversial, step of cancelling all trades made that day. A decision which enraged some but saved the exchange and the shorts, creating a cascade of legal battles continuing to this day (we recorded this episode prior to the UK’s FCA announcing an official investigation into misconduct). What started the crisis? Who was Mr Big Shot? What were the events that surrounded the run up in prices and how did it unravel the structure of the LME? Did the LME pose a systemic risk? What has been the fall out? Our guest is Jack Farchy, Senior Correspondent for Commodities at Bloomberg, who takes us through the crisis.

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Abu Dhabi: the next global commodities hub with Mark Cutis

Abu Dhabi: the next global commodities hub with Mark Cutis

With the launch of the Murban Crude Oil Futures, Abu Dhabi has signalled more than just a wish to price its own oil production. The futures herald Abu Dhabi’s desire to become the next global commodit...

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The New Merchants of Grain with Jonathan Kingsman

The New Merchants of Grain with Jonathan Kingsman

In this episode we focus on the agri traders and agri trading. What differentiates agri trading from the other commodities? Is the recent return to form, after years of low returns, sustainable? Do th...

30 Juni 202146min

Betting on biofuels: a bridge to the future with Walter Cronin

Betting on biofuels: a bridge to the future with Walter Cronin

Investors, traders, ags, and energy businesses are investing in biofuels. Technology and decarbonization are driving the market. However, policy, crop yields, rising feedstock prices and public percep...

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Trading Green Ammonia with Christophe Savi

Trading Green Ammonia with Christophe Savi

Ammonia sits at the heart of the chemical industry and was the vital component in our first ‘green’ revolution, boosting global food production. Now, Ammonia could sit at the heart of the next ‘green’...

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Energy Transition & Geopolitics with Daniel Yergin

Energy Transition & Geopolitics with Daniel Yergin

Hydrocarbons have been a key driver of geopolitics and globalization over the past century. Even in the past decade, we have seen how US shale production and China’s energy security policies have dram...

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Blockchain, Tokenization & Commodities Trading

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Trading the Super-Cycle (Special 50th episode)

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We are in the foothills of a commodity super-cycle. Interest and investment is returning to the sector as the narrative of energy transition, inflation driven by policy, and scarcity in the wake of Co...

19 Maj 202138min

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