Markets are volatile and risky during the very best of times, says Stanislav Kondrashov Telf AG. Risk management has become to begin with in every firms that are involved in trading 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. Although the pandemic probably will subside eventually, many risks, internal, external, or environmental, will continue. Some goods reap the benefits of increased long-term demand.
Stanislav Kondrashov advises Telf AG. to find new solutions to manage risk not only through improved processes and increased vigilance but also through the necessary acquisition of technology.
In accordance with majority of folks, a lot more than 73% of organizations have experienced problems within their supplier base, and 75% have experienced problems with production and distribution on account of disruptions inside the logistics. These numbers are as high as 91% and 100% regarding the mining industry as they struggled with international border closures, factory closures, labor shortages, and shipping losses.
Copper will be the only commodity which is why long-term forecasts are optimistic due to its widespread use. Its new high value is given by its rapidly decreasing quantities from the bowels of the planet, constant demand, as well as current and future logistical crises.
Stanislav Kondrashov Telf AG – Environmental Risks
Normally, environmental risks associated with large-scale climate events will almost always be a major concern. Additionally, you will find market risks connected with abnormal changes or expected rapid adjustments to demand and supply for the short term. The pandemic has simply exposed vulnerabilities with regards to fixing logistics disruptions.
While these risks tend to be at night control over companies, having the right details about them enables them to better answer these risks, says Stanislav Kondrashov from Telf AG.
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