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Andrew Hecht

Sun, May 5th, 2024

Andrew Hecht

Andrew Hecht

Andrew Hecht is a commodities trader and analyst with over forty years of experience. He began his career at Philipp Brothers, the world's leading merchant physical commodities trading company, in the 1970s through the 1990s. Hecht spent two decades with Philipp Brothers working in the commodities division, Salomon Brothers division, and at Phibro Energy where he ran trading, sales, and marketing in a wide range of commodity products. He subsequently worked with banks, hedge funds, and institutions trading commodities and managing risk. The business took him around the globe to assist producers and consumers. 

Andy has taught at the university level and writes prolifically on commodities for many portals. He has been one of the top-rated and followed contributors at Seeking Alpha and other sites, including Barchart over the past years.

Most Recent Stories

Bitcoin Stalls- Are Higher Highs on the Horizon?

Bitcoin has only ventured under the $60,000 per token level a few times since early March, as the price consolidated after making a new record peak. Bitcoin is the leading cryptocurrency, and the spot...

^BTCUSD : 64,337.75 (+2.34%)
Will Lumber Find a Bottom?

The recent plummet in lumber prices has been nothing short of a bearish freefall. The looming specter of prolonged high interest rates has led to a surge in mortgage rates, dampening the demand for new...

LBN24 : 540.00s (+0.84%)
ZBM24 : 115-30s (+0.71%)
Can Natural Gas Rebound?

In April 2024, natural gas is in the shoulder season, when heating and cooling demand dramatically declines. Natural gas prices tend to reach seasonal lows during spring and have fallen since the August...

UNG : 15.67 (+5.45%)
NGK24 : 1.614s (-1.47%)
NFK24 : 68.850s (-4.20%)
TGK24 : 27.994s (-3.09%)
What are the Most Bullish Factors for Crude Oil?

After declining in 2023, crude oil prices rallied in Q1 2024 and have edged even higher in the early days of Q2. Crude oil remains the energy commodity that powers the world, and the price prospects over...

USO : 75.13 (-1.05%)
BNO : 30.83 (-0.87%)
CLK24 : 82.85s (-0.35%)
QAM24 : 87.89s (+0.03%)
Is Silver Going to Break Out on the Upside?

Silver approached a test of the $30 per ounce level, the highest price since February 2021. If silver can eventually power through $30, it could be on a path to challenge the 2011 and 1980 highs.

SIK24 : 26.445s (-0.52%)
SLV : 24.22 (-0.57%)
Why is Gold Ignoring Higher Rates and a Stronger Dollar?

Gold is the world’s oldest currency. Historically, rising interest rates and a strong U.S. dollar have been bearish for gold prices. Meanwhile, the traditional trading patterns have not impacted gold...

ZBM24 : 115-30s (+0.71%)
$DXY : 105.07 (-0.22%)
GCM24 : 2,308.6s (-0.04%)
How High Can Cocoa Rise?

The sky has been the limit for cocoa prices in 2024. Crop devastation has led to the highest price in history. Chocoholics worldwide are paying a pretty penny for their chocolate confectionery fix, and...

CCK24 : 8,505s (+0.26%)
HSY : 197.92 (+1.04%)
MDLZ : 69.89 (-0.87%)
NSRGY : 101.2000 (+0.06%)
CCN24 : 8,145s (+7.70%)
CAK24 : 7,463s (+4.47%)
Where are Energy Prices Heading in Q2?

The composite of traditional energy prices rose 5.12% in Q1 after falling 21.85% in 2023. Crude oil and gasoline posted double-digit percentage gains, while natural gas fell nearly 30%. In early Q2, prices...

CLK24 : 82.85s (-0.35%)
QAM24 : 87.89s (+0.03%)
RBK24 : 2.7108s (-1.38%)
HOK24 : 2.5134s (-0.71%)
NGK24 : 1.614s (-1.47%)
LUK24 : 107.15s (-0.70%)
FLK24 : 1.73000s (+0.29%)
Where are Soft Commodity Prices Heading in Q2?

Soft commodities were the best-performing sector of the raw materials market in 2023, with the composite posting a 24.04% gain. The bullish price action continued over the first three months of 2024 as...

CCK24 : 8,505s (+0.26%)
CTK24 : 77.36s (+3.26%)
SBK24 : 19.71s (-2.43%)
KCK24 : 205.90s (-1.32%)
Where are Base Metals Prices Heading in Q2?

The commodity asset class’s base metals sector posted a marginal 0.27% gain in Q1 2023, with tin and copper leading the way on the upside. Three of the six base metals posted gains, while four moved...

Q2Y00 : 31,983.00s (+3.27%)
P8Y00 : 19,237.00s (+3.16%)
HGK24 : 4.5735s (+1.77%)
P0Y00 : 9,910.00s (+1.48%)
P6Y00 : 2,215.00s (+1.61%)
P4Y00 : 2,551.50s (+0.93%)
Q3Y00 : 2,872.63s (+0.43%)
DBB : 20.32 (+0.74%)

Tweets @Barchart

Barchart
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A third of office mortgages included in bonds are at risk of default warns KBRA Analytics. This is nearly double the level from a year ago 🚨 https://t.co/pMkYx8XHSY
Barchart
@Barchart
Nvidia $NVDA has recaptured its 50D moving average https://t.co/dgQCJmHFHI
Barchart
@Barchart
Another swing and a miss for Bank of America Chief Strategist Michael Hartnett! 0/50 the last year or so 🤦‍♂️ https://t.co/GT2lYG0GsI
Barchart
@Barchart
Regional Banks $KRE are underperforming Big Banks by the largest margin since the Global Financial Crisis https://t.co/Sda6FIXq8f
Barchart
@Barchart
Boeing Investors should vote against CEO Dave Calhoun's $32.8 million pay package says International Shareholder Services. How is that package even on the table? $BA shares have declined 8% since Jan 1, 2023 https://t.co/rKu4UxUe4z
Barchart
@Barchart
JUST IN 🚨: Treasury Secretary Janet Yellen says the Bank of Japan should consult with her before intervening to support Japanese Yen 😂 https://t.co/b7RPnCI0ki https://t.co/rNVD0mNAkq
Barchart
@Barchart
BREAKING 🚨: U.S. Federal Debt If rates remain stable over the next year, the U.S. will pay a total of $1.7 trillion in interest payments in the 12 months through April 2025. https://t.co/vOUjnvyUto https://t.co/Ny1jF75qKf
Barchart
@Barchart
Warren Buffett Insider Trading Alert 🚨 Berkshire Hathaway dumped roughly $20 billion worth of $AAPL shares in the first quarter, which amounted to roughly 13% of its total Apple position https://t.co/hmn4X835cz https://t.co/fwAHZZduNa
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