NEWSBREAK: ECTP exits physical metals, warehousing; Shon Loth to leave this month - sources

Engelhart Commodities Trading Partners (ECTP) is accelerating its retreat from physical commodities with an exit from base metals, cotton, coal, iron ore and warehousing physical operations on the cards this year, well-informed sources told Fastmarket on Monday April 8.

ECTP declined to comment when approached by Fastmarkets.
The London-based commodities merchant has been reducing its physical base metals trading operations since November 2018, liquidating aluminium stocks and cutting down its team of physical traders to focus on proprietary 
Global head of metals, minerals and freight Shon Loth will leave at the end of April after six years at the company, sources said.

ECTP spun off from the commodities trading business of Braziian bank BTG Pactual in 2016 and...


Perrine Faye

April 08, 2019

15:20 GMT