A trader may be an individual or a firm who buys and sells financial instruments. Plant traders are market participants who purchase and sell plant equipments and machineries with a clear view of the market and plant situation. They basically aim to make profit out of trading. A plant trader basically concerns themselves with various factors:
- Price pattern: Plant trader looks at price history in attempt to predict the future price.
- Demand and supply: They keep a close look on the necessity of the plant products and their amount of production.
Plant traders also have a good knowledge of the equipments and machineries used all over and are well capable to suggest about the exact requirement of the plants. They also deal with the manufacturers for delivery of materials and also cost negotiation. In return, they may earn commissions out of the plants as well as from the manufacturers. These plant traders may have a direct link with the equipment manufacturers. These plant traders may sometimes undergo special training from the manufacturers so as to be well equipped with knowledge regarding uses of various plant instruments and also to suggest instruments which can be used in the plant and is beneficial also.