The commodities industry serves as the backbone to modern society, providing the essential raw materials that underpin almost every aspect of our daily lives from infrastructure, energy, technological developments, agriculture and consumer goods from smartphones to electric vehicles.

Commodity trading has a rich history going back thousands of years. From ancient barter systems to the sophisticated digital platforms today, commodities form the foundation of modern life and play a critical role in shaping the global economy.

Around US$10 trillion of commodities are produced and consumed globally each year according to industry estimates. Most of this involves cross-border trade forming highly complex global supply chains including mining, refining and processing, storage and transportation.