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Thu, Jun 13th, 2024

Andrew Hecht

Andrew Hecht

Andrew Hecht is a commodities trader and analyst with over forty years of experience. He began his career at Philipp Brothers, the world's leading merchant physical commodities trading company, in the 1970s through the 1990s. Hecht spent two decades with Philipp Brothers working in the commodities division, Salomon Brothers division, and at Phibro Energy where he ran trading, sales, and marketing in a wide range of commodity products. He subsequently worked with banks, hedge funds, and institutions trading commodities and managing risk. The business took him around the globe to assist producers and consumers. 

Andy has taught at the university level and writes prolifically on commodities for many portals. He has been one of the top-rated and followed contributors at Seeking Alpha and other sites, including Barchart over the past years.

Most Recent Stories

Will Sugar Reach a Bottom and Reverse Higher?

World sugar futures ran out of upside steam after trading to a twelve-year high in November 2023. The continuous sugar futures contract has made lower highs and lower lows since late 2023, with the latest...

SBN24 : 19.38 (+1.47%)
CCN24 : 10,848 (+2.93%)
CTN24 : 71.79 (+0.07%)
KCN24 : 226.95 (+1.16%)
OJN24 : 407.05 (-4.44%)
CANE : 11.72 (+1.35%)
Copper: Is the Correction the End of the Rally?

Nearby copper futures rose to nearly $5.20 per pound on May 20, a new record high. The red nonferrous metal ran out of upside steam, declining below the $4.80 level, leaving many market participants wondering...

HGN24 : 4.5030 (-1.40%)
P0Y00 : 9,944.50s (+1.90%)
CPER : 27.71 (-0.61%)
DBB : 20.18 (+0.10%)
Is the Cocoa Rally Over? Is OJ a Model?

Cocoa futures peaked at a record high in April and ran out of upside steam. While the price has significantly declined, it remains well above the previous record high from the 1970s. If the action in FCOJ...

CCN24 : 10,848 (+2.93%)
OJN24 : 407.05 (-4.44%)
Why is Lumber Stuck in Neutral?

Physical lumber futures have been going nowhere fast, with the nearby contract price in an under $150 range in 2024. As lumber consolidates, the band between annual highs and lows has narrowed over the...

LBN24 : 497.00 (-0.20%)
WY : 28.95 (-0.89%)
WOOD : 78.93 (-0.05%)
CUT : 32.97 (-0.51%)
Why Did Natural Gas Rally at the Start of the Offseason for Demand?

The end of the natural gas futures market’s annual withdrawal season, when natural gas begins flowing into storage across the U.S., is typically when prices decline to seasonal lows. However, 2024 is...

NGM24 : 2.493s (-3.75%)
Is the Bottom Near in Crude Oil?

Nearby crude oil prices are hovering around the crucial $80 per barrel level. Despite a bearish trend since the mid-April high, the energy commodity that fuels the global economy has traded in a sideways...

CLM24 : 79.26s (-0.68%)
QAN24 : 81.62s (-0.29%)
Can Platinum and Palladium Recover?

Gold reached a new high in April 2024, and silver rose to nearly $30 per ounce, the highest price since early 2021. Meanwhile, platinum and palladium prices remain under pressure, lagging their precious...

PLN24 : 950.3 (-2.13%)
PAM24 : 876.50 (-2.59%)
PPLT : 86.80 (-1.60%)
PALL : 81.22 (-2.11%)
Will the Recovery in Grains Continue?

After reaching highs in 2022, corn, soybean, and wheat prices plunged. The leading grain and oilseed markets feed and increasingly power the world. After reaching bottoms over the past months, prices have...

CORN : 20.17 (+1.10%)
SOYB : 24.54 (+0.08%)
WEAT : 5.85 (+1.21%)
ZSN24 : 1185-4 (+0.70%)
ZCN24 : 459-2 (+1.10%)
ZWN24 : 624-6 (+1.26%)
Bonds and QT: Did the Fed Send a Signal?

Quantitative tightening is the Fed’s process of reducing its balance sheet. After purchasing debt securities during and after the 2020 global pandemic, the U.S. central bank has allowed those purchases...

ZBM24 : 119-07 (+0.18%)
TLT : 93.19 (+0.72%)
How is the Dollar Index Declining Even Though it is Slightly Higher?

The dollar index has edged higher from the level in late February 2024. However, other markets are screaming the dollar index is losing value even though it has posted a slight gain.

$DXY : 105.07 (+0.36%)
GCM24 : 2,304.7 (-1.34%)
UUP : 28.84 (+0.31%)
UDN : 18.03 (-0.02%)

Tweets @Barchart

Barchart
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Today's 4 Stock Market Movers: $AVGO $SMCI $CMG $PLAY https://t.co/RIzd38KQDE
Barchart
@Barchart
Indian Equity Volume has reached record highs 🚨 https://t.co/rlRG4rjarO
Barchart
@Barchart
Dell Insider Trading Alert 🚨 Chair & CEO Michael Dell just sold 1,480,242 $DELL shares for a total value of $198.2 million https://t.co/KYwj6GzIfw https://t.co/PMiZ17do8V
Barchart
@Barchart
Come on Bitcoin $BTC, do something https://t.co/w3tVvNSmec
Barchart
@Barchart
S&P 500 $SPX will finish the year at 5,400, less than its current price, cautions Savita Subramanian from Bank of America, who has been one of Wall Street's Biggest Bulls https://t.co/n5ZBjoHRnd
Barchart
@Barchart
India will need to build 100 million homes this decade in order to meet demand due to rising household income! That seems like a lot of homes. https://t.co/CFzyx6a0Od
Barchart
@Barchart
Apple $AAPL options trading is the most bullish since late 2021 https://t.co/F1FyHtRK9k
Barchart
@Barchart
South Korea to extend ban on short selling as it decides what the appropriate penalties should be for engaging in such activities https://t.co/IT0VY9wye2
Barchart
@Barchart
Japan just sold $17 billion worth of Foreign Debt, the largest sale in 9 years https://t.co/UwPaqoEtTJ
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