Thanks to its strategic location, easy access to financing and availability of trading talent, Singapore has captured a 20% share of global agri-commodities trade.
The agri-commodities cluster in Singapore is represented by companies from the US, Europe, emerging Asia, Latin America and Russia. Singapore is positioned strategically among the major consuming markets for agri-commodities like China and India, as well as in the main origination markets for palm and rubber in Southeast Asia.
A significant cluster of natural and synthetic rubber traders, as well as the world's largest tire makers have set up bases in Singapore, making it the world's largest rubber trading hub. Additionally, SGX's rubber contract is the reference pricing for much of the world's physical contract.
Singapore has also attracted many global grain and palm oil players. Niche commodities such as sugar, cocoa, coffee and fertiliser are well-represented by global trading houses.
Singapore has thus proven to be an ideal location for agri-commodity companies, where regional players such as Noble, Wilmar and Olam have been listed. A number of agri-commodity companies have also raised financing through bond issuance through the local market.
 Geneva Trading and Shipping Association for oil and agriculture