{"product_id":"physical-trade-definitive-guide-physical-commodity-trading-9798295669712-new","title":"The Physical Trade: A Definitive Guide To Physical Commodity Trading: A","description":"\u003cp\u003e\u003cstrong\u003ePhysical commodity trading is one of the least understood - and poorly explained - parts of global markets.\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003e \u003c\/p\u003e\u003cp\u003eThis definitive guide walks the reader through the full lifecycle of physical commodity trading, including: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eWhy commodity traders exist and the role they play between producers and consumers\u003c\/li\u003e\n\u003cli\u003eHow physical supply chains work - from mine, well, or farm to end user\u003c\/li\u003e\n\u003cli\u003eThe difference between physical trading and futures or paper markets\u003c\/li\u003e\n\u003cli\u003eHow commodities are prices, contracted, and delivered\u003c\/li\u003e\n\u003cli\u003eHedging, mark-to-market, and exposure management\u003c\/li\u003e\n\u003cli\u003eLogistics, shipping, storage, and operational risk\u003c\/li\u003e\n\u003cli\u003eTrade finance, title documents, and cash-flow constraints\u003c\/li\u003e\n\u003cli\u003eCounterparty risk, defaults, and periods of market stress\u003c\/li\u003e\n\u003cli\u003eWhere real profits are made, and where costly mistakes occur\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e \u003c\/p\u003e\u003cp\u003eAlongside structured explanations, this book includes \u003cstrong\u003epersonal stories from the trading floor\u003c\/strong\u003e, illustrating: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eHow decisions are made under pressure\u003c\/li\u003e\n\u003cli\u003eWhere mistakes are most commonly made, and why\u003c\/li\u003e\n\u003cli\u003eHow small operational errors can lead to large financial losses\u003c\/li\u003e\n\u003cli\u003eThe human side of trading that rarely makes it into textbooks\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e \u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eIf you want to understand physical commodity trading, not just the prices on a screen but the flows, risks, and decisions behind them, this book was written for you.\u003c\/strong\u003e\u003c\/p\u003e","brand":"INDEPENDENT CAT","offers":[{"title":"New","offer_id":67613456990498,"sku":"9798295669712-new","price":17.09,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0893\/4755\/5618\/files\/9798295669712.jpg?v=1793091145","url":"https:\/\/www.albakireads.com\/products\/physical-trade-definitive-guide-physical-commodity-trading-9798295669712-new","provider":"AlbakiReads","version":"1.0","type":"link"}