Top 5 commodities to trade in 2021
While a lot of people are taking notice of commodity trading in Nigeria and Africa at large, the impact of taking the right steps and making the right decisions cannot be overemphasized. From a sure-fire returns perspective to an upgraded level of management in terms of Risk analysis, Sustainable supply and Steady demand, the Agro-Commodities market is suddenly the focus of all the major players.
There had been a recent rush to the stock market due to very low yields on Government Guaranteed Securities and with volatility in the currency exchanges, we cannot deny or overlook the lucrativeness of those sectors. In fact, if you are not in any of the Stock, Currency or Agro-Commodity trading opportunities, you should really think about getting started already.
Getting started however is not the contention here especially with regards to the Agro-Commodities Market. The real issue is making the right trading decisions according to your knowledge of the market and to determine if the volatility of the target commodity and its value to you is worth your precious Naira or Dollar.
According to Google’s ranking, there are some commodities you should trade in this first quarter of 2021. These include;
1. Crude oil- one of the most demanded commodities in the world.
2. Steel
3. Silver/Gold
4. Soya-bean/Maize
5. Iron etc
Some of these commodities may not necessarily be available for you to trade or invest in Nigeria now but did you notice that Soya beans & Maize were one of them? The good-news is that on Bahranda we can help you trade those with ease. Data available to Bahranda indicate that 2021 will make Soyabeans & Maize two of the most demanded commodities in the world.
If your looking for a reliable and trustworthy place to make such trades, go to Bahranda now and become part of a growing private community of Dealers making hay from Nigeria’s Agro-Commodity space.
