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Yeah that is a decent documentary which gives a great insight into the physical trading business.

This is a slight tangent but I find that there tends to be more info about physical business in books. I have a few recommendations: - Oil by Tom Bower - book is predominately about oil majors dealing around the world in the 90s and early 00s but there are a few chapters dedicated to the traders at the likes of BP, Shell and Marc Rich + Co - The Secret Club That Runs the World by Kate Kelly - the title is pretty dramatic but it is a decent read and it covers the likes of the major trading houses, hedge funds and regulators - King of Oil by Daniel Ammann - biographical account of Marc Rich's trading empire. Marc Rich was the guy who developed the first spot market in oil. Its a pretty interesting read but I think now the industry is far less buccaneering as it once was in the 80s to 90s.

Final recommendation is not a book but a report written by Trafigura called "Commodities Demystified" (if you google it, you will find it). It's a great source of up-to-date information about the physical trading industry .

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