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Marc Rich may rise from the dead

Nirgunan Tiruchelvam
Nirgunan Tiruchelvam3/3/2022 11:10 AM GMT+08  • 4 min read
Marc Rich may rise from the dead
Commodity traders thrive during war and sanctions. The business takes its inspiration from Marc Rich, the master of this trade.
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The Ukrainian war has claimed thousands of lives. Commodity trading is not one of its victims. The horrific conflict may provide it with a lease of life. The field has been in the doldrums since the 2014 commodity slump.

Commodity traders play the same role that DHL and FedEx Corp do in the delivery of parcels. They connect buyers and sellers for products ranging from oil to orange juice. Its practitioners include Glencore, Wilmar International and Olam International.

Commodity traders thrive during war and sanctions. The business takes its inspiration from Marc Rich, the master of this trade.

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