{"id":67513,"date":"2017-08-14T22:26:56","date_gmt":"2017-08-14T14:26:56","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/commodity-trading-the-satellite-advantage\/"},"modified":"2017-08-14T22:26:56","modified_gmt":"2017-08-14T14:26:56","slug":"commodity-trading-the-satellite-advantage","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/commodity-trading-the-satellite-advantage\/","title":{"rendered":"Commodity Trading \u2013  The Satellite Advantage"},"content":{"rendered":"<h2>An Essential Business<\/h2>\n<p>Anyone who drives a car will feel the effect of high crude oil prices; commodities are an essential part of everyday life.<\/p>\n<p>Trading in commodities, such as crude oil, is one of the oldest businesses. However, new satellite technology is shaking up this centuries-old business and disrupting the traditional commodities paradigms.<\/p>\n<p>\t\t\t\t<img loading=\"lazy\" width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/09\/zBREuWAQTS4rkj9x8Q8D_01_VS_090117_Cover_DGTL-300x225.jpg\" class=\"attachment-medium size-medium\" alt=\"\" style=\"width: 120px; height: auto;\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/09\/zBREuWAQTS4rkj9x8Q8D_01_VS_090117_Cover_DGTL-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/09\/zBREuWAQTS4rkj9x8Q8D_01_VS_090117_Cover_DGTL-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/09\/zBREuWAQTS4rkj9x8Q8D_01_VS_090117_Cover_DGTL-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/09\/zBREuWAQTS4rkj9x8Q8D_01_VS_090117_Cover_DGTL.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t<\/p>\n<h3 class=\"fs-5 mt-0\">Explore the September\/October 2017 Issue<\/h3>\n<p class=\"mb-0 fs-smaller text-balance\">Check out more from this issue and find your next story to read.<\/p>\n<p>\t\t\t<button class=\"btn btn-primary\" type=\"button\" data-bs-toggle=\"offcanvas\" data-bs-target=\"#offcanvasMENU\" aria-controls=\"offcanvasExample\" aria-label=\"button\" style=\"white-space: nowrap;\"><br \/>\n\t\t\t\tView More <i class=\"bi bi-arrow-right-circle\"><\/i><br \/>\n\t\t\t<\/button><\/p>\n<p>Successful commodity trading relies upon intelligence, and satellite imagery can identify new information about a wide range of commodities traded on a global basis. This includes minerals, metals, fuels (oil and gas) and agricultural produce. <\/p>\n<h2>Trading Intelligence<\/h2>\n<p>Satellite data can assist traders and investors seeking to analyze the performance of industries \u2014 unlocking new intelligence to deliver a competitive advantage to those using it. <\/p>\n<p>\u201cVery high resolution data from Earth-i offers the potential to unlock powerful new insights and information solutions for big data analysts,\u201d said Jonathan Sumner, business development director at Earth-i. \u201cBy applying advanced algorithms that analyze satellite data and correlate it with other big data sources, the pioneers of big data are developing a diverse range of satellite imagery-based solutions. And whilst big data is the buzz, the answers to business problems often lie in focusing in on selected areas of interest, or specific activities in key locations, that provide the insight and intelligence to solve particular problems.\u201d<\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a6844100b01e;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a6844100b01e = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a6844100b01f').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a6844100b01f'); });<\/script><\/p>\n<p>Previously the limiting factor was the cost of obtaining regular satellite data which could be inserted into the trading process. The free availability of data from government-funded programs such as the EU\u2019s Copernicus and the new generation of CubeSats has created a range of new commercial applications.<\/p>\n<p>Demand is now growing for higher resolution data to unlock the predictive insights traders want. This requires high spatial resolution (i.e. ground sample distance greater than 1 meter) and high temporal resolution \u2014 the ability to revisit the same location every day or at multiple times of the day. New lower cost satellites are being built and launched in constellations to deliver this capability.<\/p>\n<h2>Competitive Advantage in Areas of Interest<\/h2>\n<p>Integrating satellite data with data from other sources can create powerful analysis and forecasting tools that can lower trading risks and generate higher returns for traders and investment managers.<\/p>\n<p>In the maritime sector the Automatic Identification System (AIS) controlled by satellites maps the current position and identity of vessels. This can be correlated with datasets of ports, harbors and berths to track and verify position and activity. Further correlated with satellite imagery, the commodities loaded and unloaded at those facilities, such as coal, and can be tracked and measured, providing timely intelligence as to how much coal is delivered to specific importer markets of interest on a frequent basis.<\/p>\n<p>Talos is integrating new space-based sensors with existing terrestrial technology in smallsat constellations, secure cloud based services, the Internet of Things (IOT), Machine-to-Machine (M2M) and sensorized shipping containers to enable real-time and non-real time (track and trace) monitoring, as well as efficiencies in the global shipping container supply chain.<\/p>\n<p>\u201cSignificant cost savings are to be made by key stakeholders (Port Authorities, shipping liner companies, insurance brokers, commodity traders etc). The global commodity supply chain (coal, iron ore, bauxite etc.) is ripe for this application which will bring about corresponding increases in a country\u2019s GDP where commodities are a high export percentage,\u201d says Talos CEO Periklis Papadopoulos. <\/p>\n<h3>\u2022 Oil<\/h3>\n<p>The oil supply chain consists of: production units such as wells and drills; storage units including tanks; refining and processing units; and methods of transportation such as pipelines, trucks, railways, and vessels. Such infrastructure can be measured and monitored globally by satellite. Operators can gain near real-time information on the level of volume of oil being stored in tanks, for example, using shadow analysis of floating tank roofs or oil production levels by monitoring activity at refinery locations.<\/p>\n<p>If a large refinery is closed for a period of time this can have a significant impact on the availability of fuels and short-term pricing. By monitoring this activity traders will have timely information to support trading decisions.<\/p>\n<h3>\u2022 Iron ore<\/h3>\n<p>Satellite data is a valuable tool to monitor mineral commodity supplies by tracking metal ore extraction, shipping and stockpiling to provide intelligence on metal supply volumes, choke points and improve commodity price forecasting.<\/p>\n<p>The trade in iron ore is dominated by a small number of large producers such as Australia and Brazil and a small group of consumers including China and India. A relatively small number of strategic locations, such as mines, railheads and ports, can be monitored from satellites to produce an accurate and timely picture of the supply, stockpiling and consumption of iron ore.<\/p>\n<h2>Informing Decision Making<\/h2>\n<p>Real time commodity production, processing, storage, transfer, transport and consumption can now be analyzed to increase transparency and inform decision making of commodity traders and investors \u2014 reducing commercial risks and offering new opportunities for companies to get ahead of the game. <strong>VS<\/strong><\/p>\n<p>,<\/p>\n<h2 class=\"widget-title\">In This Issue<\/h2>\n<p>\t\t\t\t\t<!-- post id 266:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img loading=\"lazy\" width=\"300\" height=\"229\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/eFbxs8JRXCpPRogJYslw_VS_090117_Ft2_Bandwidth-300x229.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/eFbxs8JRXCpPRogJYslw_VS_090117_Ft2_Bandwidth-300x229.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/eFbxs8JRXCpPRogJYslw_VS_090117_Ft2_Bandwidth-800x610.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/eFbxs8JRXCpPRogJYslw_VS_090117_Ft2_Bandwidth-640x488.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/eFbxs8JRXCpPRogJYslw_VS_090117_Ft2_Bandwidth.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tBandwidth Management: New Paths in the LEO and MEO Era<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 268:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"237\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/FJRbOjnRQnmH3QqBtoV8_VS_090117_Ft3_Broadcasting-300x237.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/FJRbOjnRQnmH3QqBtoV8_VS_090117_Ft3_Broadcasting-300x237.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/FJRbOjnRQnmH3QqBtoV8_VS_090117_Ft3_Broadcasting-800x633.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/FJRbOjnRQnmH3QqBtoV8_VS_090117_Ft3_Broadcasting-640x506.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/FJRbOjnRQnmH3QqBtoV8_VS_090117_Ft3_Broadcasting.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tThe Age of Disruption: OTT Players Take Aim at DTH<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3\">\n<p>\t\t\t\t\t<!-- post id 267:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"200\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bRywlC2xRpikR4PFXu1E_34252546021_a3c04e6abd_o-300x200.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bRywlC2xRpikR4PFXu1E_34252546021_a3c04e6abd_o-300x200.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bRywlC2xRpikR4PFXu1E_34252546021_a3c04e6abd_o-800x533.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bRywlC2xRpikR4PFXu1E_34252546021_a3c04e6abd_o-640x427.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/bRywlC2xRpikR4PFXu1E_34252546021_a3c04e6abd_o.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tUS MilSatCom Strategy Under the New Administration<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 270:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"167\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/PBq3PueYTouAX3lDquQj_EdNote_Header_Web-300x167.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/PBq3PueYTouAX3lDquQj_EdNote_Header_Web-300x167.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/PBq3PueYTouAX3lDquQj_EdNote_Header_Web-800x446.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/PBq3PueYTouAX3lDquQj_EdNote_Header_Web-640x357.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/PBq3PueYTouAX3lDquQj_EdNote_Header_Web.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tWhere does the GEO Market go Next?<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3\">\n<p>\t\t\t\t\t<!-- post id 265:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/m7qinEoWSLCWsIGa6AzV_VS_090117_Perspective_DGTL-300x225.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/m7qinEoWSLCWsIGa6AzV_VS_090117_Perspective_DGTL-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/m7qinEoWSLCWsIGa6AzV_VS_090117_Perspective_DGTL-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/m7qinEoWSLCWsIGa6AzV_VS_090117_Perspective_DGTL-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/m7qinEoWSLCWsIGa6AzV_VS_090117_Perspective_DGTL.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tWyler: OneWeb ready to solve the ultimate connectivity problem<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n","protected":false},"excerpt":{"rendered":"<p>An Essential Business Anyone who drives a car will feel the effect of high crude oil prices; commodities are an essential part of everyday life. Trading in commodities, such as crude oil, is one of the oldest businesses. However, new satellite technology is shaking up this centuries-old business and disrupting the traditional commodities paradigms. Explore [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":67514,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-67513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/67513"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=67513"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/67513\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/67514"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=67513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=67513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=67513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}