commoditysims
learn the rules · practice your skills
Interactive simulators for physical commodity trading — free, no sign-up.
Build the seller’s quote under all 11 Incoterms® 2020 rules — drag cost components, watch the price build up, learn where risk transfers.
Open ▸The cost-of-carry decision: store or sell? Build the breakeven, read the forward curve against full carry, and beat the trap across five market regimes.
Open ▸Assemble a deal P&L line by line: purchase, logistics, financing, hedges — see exactly where the margin is made and lost.
Sensitivity and Monte-Carlo in one place: shock each input ±X% on a tornado chart, then simulate thousands of price paths and read your P5 / P50 / P95.
Forwards vs unhedged exposure on a real cargo timeline — what a currency move does to a fixed-price deal, and what the hedge costs.
Voyage estimation: laycan, laytime, demurrage and despatch. Quote the freight, then watch port delays eat it.
The cash-conversion cycle: letters of credit, borrowing base, payment terms — feel why trading houses live on credit lines.
Hedge a physical cargo with futures and experience basis risk when the paper doesn’t track the physical.
Pick the incoterm strategically: given a scenario, argue seller vs buyer preferences — why FCA beats EXW, and DAP beats DDP.
Run an ethanol trading desk for 36 months: source cargoes, manage the voyage, FX, financing and the credit line — beat the hurdle rate.