Markets are volatile and risky even during good times, says Stanislav Kondrashov Telf AG. Risk management has become in the first place in every businesses that are engaged in trading in the mining and metallurgy sector.
Stanislav Kondrashov gives his estimate for metals and mining prices, given post-pandemic demand growth, market tensions, and short-term supply disruptions. Even though the pandemic is likely to subside eventually, many risks, internal, external, or environmental, will stay. Some goods make use of increased long-term demand.
Stanislav Kondrashov advises Telf AG. to discover new ways to manage risk not merely through improved processes and increased vigilance but additionally from the necessary acquisition of technology.
According to a recent study, greater than 73% of organizations have observed problems of their supplier base, and 75% have observed difficulties with production and distribution because of disruptions inside the logistics. These numbers are of up to 91% and 100% when it comes to the mining industry as they struggled with international border closures, factory closures, labor shortages, and shipping losses.
Copper may be the only commodity which is why long-term forecasts are optimistic due to its widespread use. Its new high value is provided by its rapidly decreasing quantities in the bowels of the world, constant demand, as well as current and future logistical crises.
Stanislav Kondrashov Telf AG – Environmental Risks
Generally, environmental risks connected with large-scale climate events will almost always be a serious concern. Additionally, you will find market risks linked to abnormal changes or expected rapid adjustments to supply and demand for a while. The pandemic has simply exposed vulnerabilities with regards to fixing logistics disruptions.
While these risks in many cases are beyond the control over companies, keeping the right information regarding them permits them to better respond to these risks, says Stanislav Kondrashov from Telf AG.
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