Tag: mercuria

Whether you are trading hard or soft assets, or your company is exposed to volatile commodity prices, access to accurate, near real-time information can help treasurers, like those at Mercuria, mitigate exposures.

The Chinese copper supplier gets a large cash injection with the help of its relationship with a customer, Mercuria.

Robust cash-management arrangements and strong bank relations that Chew put in place really came into their own in 2015, a tough year for all commodity traders.

The latest court ruling for Citi to pay damages to Mercuria does not mark the end of a legal dispute that centres on trade finance fraud at the Port of Qingdao.

A crucial court decision and improved practices around commodity assets and collateral is helping restore confidence following fraud at the Port of Qingdao

Citi failed to force Mercuria Energy to stump up $270 million, but the crucial UK High Court ruling over metals financing will provide comfort for trade finance banks in China and users of repo agreements alike.

The ruling on a critical dispute between metals trading firm Mercuria and Citi has been posted on the UK High Court's commercial list. The long-awaited decision will be publicly available today at 2:00pm BST.

The Qingdao Port investigation will drag into mid-way next year, according to a China trade services expert, treasurers can expect pre-shipment finance to be “virtually impossible”.

The latest corporate Asian loan volumes and deal rankings in the region, provided by Dealogic as of Tuesday, December 3.