The region sits across several pricing worlds at once: Chinese domestic prices on the Shanghai Futures Exchange, LME-linked export and import contracts, regional premia into Japan and South Korea, and long-term mining offtakes negotiated against evolving indices. Businesses in the region often carry exposure to more than one of these worlds simultaneously, and reconciling commercial pricing with financial hedges on a combined net basis is exactly the measurement discipline we bring.

Growth markets add governance questions: newly formed risk functions, first-time derivative usage and boards that need policy and controls built to international standards. We have designed and governed enterprise-wide price risk frameworks across the region, including establishing a first commodity hedging desk and building global hedging platforms covering LME-linked pricing, options strategies and FX exposure.