Commodity Research Group (CRG) is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct hedging strategies.
In this podcast, market experts Edward Meir and guest Fred Demler discuss key elements driving base metals.
About Demler Hedge Advisory
Demler Hedge Advisory LLC offers a wide range of consulting services to help corporate enterprises manage their metals price risks.
They partner with clients from start to finish, focusing on hedging solutions to offset physical price exposures, advise on hedge administration and control, offer metals market intelligence, and providing customized hedge workshops and support.
Topics and Time Stamps:
[02:10] The mood in China
[04:00] ‘Seed of a rebound are in place’
[05:00] Main drivers of base metals prices for 2018 – China production cutbacks
[07:10] Labor contracts up for 2018
[11:10] Supply tightness while all major economies grow
[13:30] LME / CME / Shanghai – Competition among exchanges
[20:00] The Chinese fund advantage
About the Experts
Edward Meir was named the most accurate price forecaster for base metals in 2011, 2014 and 2015 and finished second for 2013, as ranked by Metal Bulletin, a leading trade publication. Additionally, he obtained the #2 ranking for precious metals in 2014 and was third in 2013. Prior to providing research under the banner of Commodity Research Group (formerly Madison Holdings), Mr. Meir sourced nonferrous metals out of Europe, China, and Russia for a number of clients, utilizing the 9 years of trading experience he had acquired while working with UK-based trading company Trans-World Metals.
Currently, Mr. Meir’s CRG has been retained by INTL FCStone as an independent research consultant for both base and precious metals. CRG provided similar services to MF Global for eight years prior to its demise in late 2011, covering the suite of energy products as well. Mr. Meir obtained his BA in Economics from Montreal’s McGill University and his MBA from New York University. He is a long-standing registered principle with the National Futures Association and his firm is registered with the NFA as an independent introducing broker.
Fred Demler worked at INTL FCStone as Executive Vice President and Global Head of Metals (2011-2017). Prior to joining INTL, Mr. Demler worked for MF Global (1993-2011) for 18 years as the Global Head of Commodities managing metals, energy, agricultural products, and the emerging markets such as power, emissions, and OTC cleared products.
Fred has written numerous reports on the commodities markets; price-risk management and forecasting, teaches various workshops on hedging, lectures at various universities domestically and internationally, and has advised the Bank of England, the Bank of Japan, and the Bank of France, G-20 and the G-30 (Group of 30) on the commodities markets, the impact of the funds, and the role of China in the commodity markets. Mr. Demler was awarded a Cat 7 Honorary Membership by the London Metals Exchange.