date:Jun 21, 2013
king a delivery and not getting paidormaking costly demurrage (shipping) payments, said a senior source at a trading house.
The departure of Afegra's trading team also points to the difficulties of small traders in competing with large, integrated rivals such as the so-called ABCD majors (Archer Daniels Midland, Bunge, Cargill and Louis Dreyfus ).
This has led to consolidation, with more of the world's cereals trading business concentrated in the hands of fewer companies.
If you're small, you