Trading House Gunvor Enters Japan’s Growing Power Futures Market

Commodity trader Gunvor Group has entered the Japanese power market, joining a wave of foreign firms looking to expand into the fast-growing sector.

Gunvor executed its first Japan power futures trade in late-June, according to the company’s spokesperson. The firm also plans to open an office in Tokyo as part of its long-term commitment to the region, following its entry into the Australian power market in 2024, the spokesperson said.