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Mon - Fri, 9am - 6pm (EST)
The Commodities market in Sudan has been experiencing notable developments and trends in recent times. Customer preferences in the Sudanese Commodities market have been influenced by a variety of factors.
Traders and investors in Sudan show a growing interest in commodities as an investment option, seeking to diversify their portfolios and hedge against risks. The preference for commodities trading is also driven by the potential for high returns and the opportunity to speculate on price movements in global markets. Trends in the Sudanese Commodities market indicate a shift towards increased participation from retail investors.
This trend is partly due to the accessibility of online trading platforms, which have made it easier for individual traders to enter the market. Additionally, there is a growing awareness and education about commodities trading, leading more people to explore this investment avenue. Local special circumstances in Sudan, such as geopolitical factors and regulatory environment, play a significant role in shaping the Commodities market.
Political stability and government policies can impact market sentiment and investment decisions. Moreover, the infrastructure and technological advancements in the country also influence the efficiency and liquidity of the commodities market. Underlying macroeconomic factors, including inflation rates, currency fluctuations, and global economic conditions, have a direct impact on the Sudanese Commodities market.
Investors closely monitor these factors to make informed decisions and assess the potential risks and rewards of trading in commodities. Economic stability and growth prospects in Sudan can attract more investors to the commodities market, while uncertainties may lead to fluctuations in trading activities.
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)