Petrochemical & Trading Explained | A Commodity Trading Masterclass | Nick Bastiaansen
Meet Nick Bastiaansen, Senior Trader Petrochemicals
In this episode, Nick shares valuable insights into the petrochemicals market and the dynamics of commodities trading, offering a clear and engaging overview for industry professionals and newcomers alike.
0:34 – Introduction
1:39 – Petrochemicals & Aromatics Overview
3:17 – How We Produce Petrochemicals
4:39 – Petrochemical Market Size
5:40 – How to Trade Petrochemicals
7:21 – Chemical products Vessel Chartering
8:52 – Petrochemical Demand Drivers
10:11 – Correlation with Crude Oil
11:00 – Benzene, Toluene, and Xylene Explained
13:00 – Paper vs. Physical Trading
16:25 – Survey & Quality Checks in Petrochemicals
17:55 – Petrochemical Suppliers
20:41 – Petrochemical Prices & Rates
22:13 – Criteria to Assess the Quality & Price of Petrochemicals
23:20 – Demurrage Explained
27:15 – Stakeholders Involved in the Trading Chain
28:50 – A Day in the Life
30:15 – Trading Operations Explained
33:10 – Career Tips
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