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Overview

Commodities traders are independent agents who work with buyers to negotiate sales of any number of commodities. They orchestrate and negotiate private sales or sales through established marketplaces.

Work is usually in an office but there may be travel to meet with clients or to bid at a stock exchange or trading floor.

Suited for those with a good customer service skills and excellent communication. Knowledge of economics, accounting, commodities, stocks, shares and financial markets is required.

Day-to-day

  • monitor commodity prices, trends and other factors affecting the supply and demand for commodities
  • build relationships and contacts within relevant industries
  • maintain up to date knowledge of developments within relevant industries
  • negotiate the purchase and sale of commodities such as grains, wool, minerals and metals.

Considerations

  • stressful.

To become a Commodities Trader

Skills employers are looking for

  • Communication Skills

  • Microsoft Excel

  • Building Relationships

  • Problem Solving

  • Teamwork / Collaboration

  • Planning

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