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Mon - Fri, 9am - 6pm (EST)
The Industry Metal Derivatives market in Fiji is witnessing a shift in customer preferences towards more diversified investment options in recent years.
Customer preferences: Investors in Fiji are increasingly looking for alternative investment opportunities beyond traditional financial instruments. The demand for metal derivatives has been on the rise as investors seek higher returns and portfolio diversification. This shift in preferences is driven by the desire to hedge against inflation and geopolitical uncertainties, as well as to take advantage of potential price movements in the metal derivatives market.
Trends in the market: One of the notable trends in the metal derivatives market in Fiji is the growing interest in precious metals such as gold and silver. These metals are seen as safe-haven assets during times of market volatility, making them attractive to investors looking to protect their wealth. Additionally, the increasing use of metals in various industries, such as electronics and renewable energy, is driving the demand for metal derivatives in Fiji.
Local special circumstances: Fiji's geographical location and reliance on imports for metal resources play a significant role in shaping the metal derivatives market in the country. Limited domestic production of metals necessitates the use of derivatives for price discovery and risk management. Furthermore, the country's exposure to global market trends and fluctuations influences investor sentiment and trading activities in the metal derivatives market.
Underlying macroeconomic factors: Macroeconomic factors such as global metal prices, exchange rates, and government policies impact the metal derivatives market in Fiji. Fluctuations in metal prices, driven by factors like supply and demand dynamics, trade tensions, and economic indicators, directly affect the performance of metal derivatives in the market. Moreover, changes in exchange rates can influence the cost of importing metals, thereby affecting the pricing of metal derivatives in Fiji. Government regulations and policies related to trade, investment, and taxation also play a crucial role in shaping the operating environment for metal derivatives in the country.
Data coverage:
Figures are based on commodity derivatives, their notional value, the number of contracts traded, the open interest (outstanding contracts at the end of a year), and the average value of a contract.Modeling approach / Market size:
Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use market research & analysis, and data of World Bank, as well as the World Federation of Exchanges. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus such as GDP, wealth per capita, and the online banking penetration rate. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita an the online banking penetration rate.Additional Notes:
The market is updated twice per year in case market dynamics change.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)