commoditytradngsouthafrica.blogspot.com
Commodity Tradng South Africa: June 2010
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Commodity Tradng South Africa. Tuesday, June 15, 2010. The infamous RBI 3.5%. The Richards Bay Index (RBI) is the available on a weekly and monthly basis. You can get the index from www.globalcoal.com. The Index is an average of all the sales that have occured through the port for that week or month. So it is the weighted average of the price x the tons divided by the total number of tons sold. Therefore the RBI is historic. And this is the problem I have. Posted by Deven Govender. Thursday, June 10, 2010.
commoditytradngsouthafrica.blogspot.com
Commodity Tradng South Africa: My first exposure...
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Commodity Tradng South Africa. Thursday, June 10, 2010. As most of you know that I am a management consultant rather than a trader. One of our big clients, the Sarda Group ( out of India) requested that we prepare a short list of coal mining companies, one of which they will acquire. To assist they sent me their 'junior' geologist, who at 27 yrs of age already had his PhD in the field. A week later we received a letter of apology from the lawyer office. They were completely fooled as were all of us a...
commoditytradngsouthafrica.blogspot.com
Commodity Tradng South Africa: The infamous RBI + 3.5%
http://commoditytradngsouthafrica.blogspot.com/2010/06/infamous-rbi-35.html
Commodity Tradng South Africa. Tuesday, June 15, 2010. The infamous RBI 3.5%. The Richards Bay Index (RBI) is the available on a weekly and monthly basis. You can get the index from www.globalcoal.com. The Index is an average of all the sales that have occured through the port for that week or month. So it is the weighted average of the price x the tons divided by the total number of tons sold. Therefore the RBI is historic. And this is the problem I have. Posted by Deven Govender. Respected the Estate A...
commoditytradngsouthafrica.blogspot.com
Commodity Tradng South Africa: Commodity trading
http://commoditytradngsouthafrica.blogspot.com/2010/06/commodity-trading.html
Commodity Tradng South Africa. Thursday, June 10, 2010. The other major issue in this market place is the proliferation of commodity brokers. With the crash of the property market, most of the estate agents have turned their hand to commodity broking. Whilst I don't have anything against this personally, however if you enter a market that has a low barrier to entry, not knowing what you are doing this can be very damaging. Whilst I will be the first to admit I am not in favour of more rules and bureaucra...
commoditytradngsouthafrica.blogspot.com
Commodity Tradng South Africa: The Black List
http://commoditytradngsouthafrica.blogspot.com/2010/06/black-list.html
Commodity Tradng South Africa. Thursday, June 10, 2010. As most of those I have spoken to know, this blog is as a result of enormous frustration we experience on a daily basis. A BLACKLIST is a listing of individuals and or companies that we collectively do not want to deal with, and this is based on personal experience. People reading this blog posting can make up their minds, given our collective experiences. Jointly we can do this! Posted by Deven Govender. November 4, 2014 at 3:39 AM.