Financial Times Markets reported from the FT Commodities Global Summit 2026, where hundreds of traders gathered to discuss one of the most volatile markets in recent history. The summit served as a platform for market participants to share experiences and strategies during unprecedented market conditions, reflecting the current turbulence across commodity markets globally.

Traders at the summit revealed they are increasingly going long volatility as a hedge against unpredictable market swings. This approach signals growing concern about market stability and represents a strategic shift in risk management. The discussions highlighted how market participants are adapting their approaches to navigate the current challenging environment.

Participants also engaged in candid conversations about industry transparency, with many calling for more honest discussions about market control mechanisms. The summit included promotion of the FT's Unhedged newsletter, offering deeper analysis of these market dynamics. These discussions reflect broader tensions between market participants and transparency in commodities trading.