Industry Reports
COVID-19: Impact on Hiring in Commodities
Q1 | 2022
As COVID 19 swept the world, lockdowns came in, furlough was introduced and companies entered one of the most volatile periods in memory. In commodities, supply chain issues became rife and trading houses and producers were squeezed by a sudden downturn in demand.
OPEC meeting after OPEC meeting led to sweeping cuts to oil supply as demand fell to its lowest level on record and the crude price temporarily ran into negative territory.
In a period of great panic for many in the trading space, brokerages thrived on the volatility generated; particularly in the energy markets. Logistics and operations personnel quickly became front and centre of the trading landscape with availability of containers and vessels becoming the keystone for fluid global trade.
We looked at the impact on hiring within the commodity space both during lockdowns and throughout the subsequent easing. With a commodity supercycle just beginning and some light at the end of the tunnel with regards to COVID; how is the job market faring?
Click to download the report: COVID-19: Impact on Hiring in Commodities
COVID-19: Company Statement
Q1 | 2020
At a difficult time for businesses globally, Imperium Commodity Search are committed to assisting our clients and candidates survive the uncertainty. We will shortly be releasing revised framework for short term & contract staff to help us fill shortfalls in human capital quicker and with less cost to our clients to help them continue operating.
Our staff, infrastructure and systems have been successfully redeployed remotely and the business is operating at full capacity.
It is a difficult time for all businesses; together we will succeed.
Brexit: The Effect on Hiring Attitude
Q1 | 2020
After 3 and a half years of negotiations, delays and many crossroads, the date of the United Kingdom leaving the European Union is almost upon us. Nothing has split political opinion quite so much in the UK for many generations and indeed the recent general election was battled upon Brexit grounds.
Imperium Commodity Search has looked at the impact that the Brexit vote and subsequent negotiations have had on the view of the UK as a marketplace, potential office location and global financial hub. Critically, we wanted to find out how Brexit has affected the views of those in the commodity sector who are looking for new opportunities and new talent.
Our sample includes commodity professionals across Physical Trading, Physical Brokerage, Financial Trading and Financial Brokerage across the UK, EU and Rest of the World.
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