Metal traders usher in a boom period as Trafigura's metal trading profits hit a record of around $2 billion

The metal trading industry has experienced a boom for the second consecutive year, with traders earning billions of dollars in profits, and several leading trading companies reaching record-high earnings. In the fiscal year ending in September, Trafigura Group's metals trading division achieved profits of approximately $2 billion, setting a new record; Glencore also recorded one of the best profit performances in its history. Prices for metals such as copper, gold, and silver surged sharply, reaching historical highs. Many traders not only received the highest income of their careers but also received offers from rival companies in the same sector.