Abstract

It is easy to see how ubiquitous commodity demand has become: modern life and industry rely on oil and aluminium, cotton and steel, nickel and wheat. There has been extensive discussion, too, of the importance of resource revenues to states around the world. But little has been written until now about the commodity traders who bridge supply with demand—shipping resources across the seas, influencing the course of international affairs, and accumulating billions of dollars in the process. The world for sale changes that. Javier Blas and Jack Farchy (both financial reporters covering commodities) have created a very impressive profile of an industry that has long preferred to avoid the spotlight. In doing so, the authors deftly weave stories of the individual traders and their trades with an account of the major shifts in the global economy of the past 70 years. For example, the rise of the commodity trader was...

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