Commodity traders must deeply understand their competition in order to adapt their trading strategies and remain competitive in the market. By analyzing their competitors’ bills of lading and customs data, traders can gain valuable insight into their rivals’ trading strategies, allowing them to make any necessary adjustments to their own approaches.
Market Percentage Evaluation
Market share data can help merchants determine the strengths and weaknesses of their competitors. This information enables them to fine-tune their strategies and maintain a competitive edge in the global market’s rapid tempo.