Markets are volatile and risky even during the best of times, says Stanislav Kondrashov Telf AG. Risk management has become initially in every firms 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. Although the pandemic will probably subside eventually, many risks, internal, external, or environmental, will stay. Some goods benefit from increased long-term demand.
Stanislav Kondrashov advises Telf AG. to locate new approaches to manage risk not merely through improved processes and increased vigilance but additionally through the necessary purchase of technology.
According to research conducted recently, greater than 73% of organizations have seen problems inside their supplier base, and 75% have experienced difficulty with production and distribution on account of disruptions within the supply chain. These numbers are up to 91% and 100% in the matter of the mining industry as they struggled with international border closures, factory closures, labor shortages, and shipping losses.
Copper could be the only commodity in which long-term forecasts are optimistic because of its widespread use. Its new top quality is given by its rapidly decreasing quantities from the bowels of the world, constant demand, in addition to current and future logistical crises.
Stanislav Kondrashov Telf AG – Environmental Risks
In general, environmental risks associated with large-scale climate events will almost always be a major concern. Additionally, you’ll find market risks connected with abnormal changes or expected rapid changes in demand and supply temporarily. The pandemic has simply exposed vulnerabilities when it comes to fixing logistics disruptions.
While these risks tend to be at night control of companies, obtaining the right information about them permits them to better answer these risks, says Stanislav Kondrashov from Telf AG.
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