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Andrew Hecht

Mon, May 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

Are the Gold and Silver Corrections a Compelling Buying Opportunity?

Gold rose to a new all-time peak, and silver almost reached $30 in April before the leading precious metals corrected. The decline from the recent highs could be another golden opportunity for traders...

GCM24 : 2,343.6s (+0.03%)
SIN24 : 28.475 (+0.11%)
$DXY : 105.21 (-0.09%)
Will World Sugar Futures Find a Bottom?

World sugar futures rose 2.69% in 2023 and were 9.43% higher in Q1 2024. In early Q2, the world sugar futures declined to below 20 cents per pound, the lowest price since early 2023. Given the price action...

CCN24 : 7,166s (-19.40%)
SBN24 : 18.63s (-3.47%)
CANE : 11.52 (-2.93%)
Is Copper Heading for a New Record High?

Copper prices were up over 2% in 2023. In Q1, COMEX copper futures gained 2.99% while the LME forwards moved 3.60% higher. Copper has been off to the races on the upside in early Q2, and it may not be...

HGK24 : 4.8045s (+2.36%)
P0Y00 : 10,004.00s (+1.00%)
HGN24 : 4.7770 (+0.23%)
CPER : 29.52 (+2.46%)
Bitcoin Stalls- Are Higher Highs on the Horizon?

Bitcoin has only ventured under the $60,000 per token level a few times since early March, as the price consolidated after making a new record peak. Bitcoin is the leading cryptocurrency, and the spot...

^BTCUSD : 62,869.76 (-0.35%)
Will Lumber Find a Bottom?

The recent plummet in lumber prices has been nothing short of a bearish freefall. The looming specter of prolonged high interest rates has led to a surge in mortgage rates, dampening the demand for new...

LBN24 : 539.00s (+0.47%)
ZBM24 : 116-08 (-0.11%)
Can Natural Gas Rebound?

In April 2024, natural gas is in the shoulder season, when heating and cooling demand dramatically declines. Natural gas prices tend to reach seasonal lows during spring and have fallen since the August...

UNG : 17.31 (+4.78%)
NGK24 : 1.614s (-1.47%)
NFK24 : 68.850s (-4.20%)
TGK24 : 27.994s (-3.09%)
What are the Most Bullish Factors for Crude Oil?

After declining in 2023, crude oil prices rallied in Q1 2024 and have edged even higher in the early days of Q2. Crude oil remains the energy commodity that powers the world, and the price prospects over...

USO : 76.13 (+1.10%)
BNO : 31.08 (+0.81%)
CLK24 : 82.85s (-0.35%)
QAM24 : 87.89s (+0.03%)
Is Silver Going to Break Out on the Upside?

Silver approached a test of the $30 per ounce level, the highest price since February 2021. If silver can eventually power through $30, it could be on a path to challenge the 2011 and 1980 highs.

SIK24 : 28.270 (+0.17%)
SLV : 25.80 (+0.12%)
Why is Gold Ignoring Higher Rates and a Stronger Dollar?

Gold is the world’s oldest currency. Historically, rising interest rates and a strong U.S. dollar have been bearish for gold prices. Meanwhile, the traditional trading patterns have not impacted gold...

ZBM24 : 116-08 (-0.11%)
$DXY : 105.21 (-0.09%)
GCM24 : 2,343.6s (+0.03%)
How High Can Cocoa Rise?

The sky has been the limit for cocoa prices in 2024. Crop devastation has led to the highest price in history. Chocoholics worldwide are paying a pretty penny for their chocolate confectionery fix, and...

CCK24 : 8,149s (-17.47%)
HSY : 209.51 (+2.31%)
MDLZ : 71.76 (+0.79%)
NSRGY : 104.3900 (-0.63%)
CCN24 : 7,166s (-19.40%)
CAK24 : 5,862s (-22.42%)

Tweets @Barchart

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AMC Entertainment $AMC with the God Candle https://t.co/dbyk0I0gJ0
Barchart
@Barchart
Barchart
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Wall Street Journal columnists reportedly generated an 80% return in a year by throwing darts at a board. That's neat 😂 https://t.co/Sk5Hd4oKsq
Barchart
@Barchart
BREAKING 🚨: GameStop Short Sellers Short Sellers in $GME have reportedly lost more than $1 billion from today's huge move according to S3 partners https://t.co/8BDQKtRRtx https://t.co/Of7BxXU3N2
Barchart
@Barchart
Looking for the next Gamestop $GME? Here is a list of potential short squeeze targets! https://t.co/4jffOZugR2
Barchart
@Barchart
77% of S&P 500 stocks are now trading above their 200D moving average, one of the highest levels in the last 2 years https://t.co/58b8fUUof4
Barchart
@Barchart
Japanese Yen continues to fall against the U.S. Dollar and has now weakened through the 156 level. More intervention needed? https://t.co/jWVmC8tedd
Barchart
@Barchart
Orange Juice surging again and looks to be making another run for all-time highs! Duke Brothers are at it again. https://t.co/C6G8uux1rd
Barchart
@Barchart
Cocoa on track for biggest loss in history 🚨 Bringing this chart to the local chocolate shop to explain why a discount is warranted! https://t.co/ThOldOnDwo https://t.co/TGRF8HWBjV
Barchart
@Barchart
BREAKING 🚨: China China's aggregate financing came in at negative 200 billion yuan last month, only the 3rd month since 2002 in which new credit contracted! https://t.co/X88FeGHyhx https://t.co/OWSHq8sypr
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