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Visit from the Chinese Ambassador in Switzerland to Lugano

On the occasion of the official visit to the City of Lugano of H.E. Wang Shihting, Ambassador of the People’s Republic of China in Switzerland, the President of the Lugano Commodity Trading Association (LCTA) Matteo Somaini had the opportunity to present the commodity trading sector active in Lugano, listing also the various commodities traded with […]

“Ever given or never get?”

Article by Georges Hardegger, Account Executive Marine, International Trade, Logistics and Fine Art, IBC Insurance Broking and Consulting Lugano “Ever Given” or better “Never Get” indemnities for the delay in the global trade? A few weeks ago everyone was talking about a giant of the seas carrying approximately 18’000 TEU, blocking hundreds of ships from traversing the […]

Risks and financial crime: How resilient is your company?

A crisis is a moment of truth that tests a company’s readiness, resilience and response. Organisations can emerge stronger after their most testing moments. Are you prepared? Watch this video to get a flavour of what’s going on. Article by Alessandro Regogliosi, Director, Deloitte Switzerland The challenge The coronavirus pandemic has created new challenges for […]

Commodity supercycle: interview with Matteo Somaini, President of the LCTA

How do you judge the current situation in the commodities market? We are experiencing a generalised price increase of raw materials and semi-finished products, from agricultural products, to energy and industrial metals. The three major product families show different dynamics and in some way the increases have different drivers, there may be important distinctions, but […]

Tonnage tax, a golden opportunity for the Swiss shipping industry

Article by Alberto Genovesi, Chairman and Marco Moschen, Vice Director, Fidinam & Partners SA On February 24th, 2021 the Swiss federal government launched a consultation procedure in order to evaluate the draft law on tonnage tax. More than 90% of goods manufactured worldwide is shipped at least once and Switzerland is such an attractive and […]

CAS Commodity Professional and LCTA Scholarship

Since 2018 the Lugano Commodity Trading Association (LCTA) offers every year a scholarship opportunity for the CAS Commodity Professional (next edition: 6 May 2021). Study content Commodity trading and related services have grown significant in the Swiss economy, and they are expanding even further. These companies are in search of talents. In cooperation with the Lucerne University […]

Matteo Somaini, President at Lugano Commodity Trading Association, Interview by Corriere del Ticino

Published on March 9, 2021 – translated in English by LCTA Ticino is experiencing good growth in the commodities trading sector. What are the characteristics that enable this trend? Many characteristic elements of the “Swiss System” are fundamental for the sector, to name just a few: political stability and legal certainty, tax conditions and a […]

Greetings from the Mayor of Lugano

Article by Marco Borradori, Mayor of Lugano Dear Members of the Lugano Commodity Trading Association (LCTA), 2021 marks the tenth anniversary of your Association. LCTA has evolved considerably over the years attracting more and more companies active in commodity trading, shipping, insurance and commodity trade finance. With their commitment, the founders of the LCTA have […]

Bruno Mazzarelli / Oil&Bio Trade SA

Bruno Mazzarelli Commercial and logistic manager What is the core activity of your company? Does your company focus on particular geographic markets? Oil & Bio Trade SA founded in Switzerland, it is a professional provider of renewable energy services and solutions that improves access and promotes the adoption of clean and energy-efficient technologies. The company […]