Support, Trader, Contract
Support for Trader
Given portal serves for establishment of business relations between the companies of various orientation and for interaction on mutually advantageous conditions. It is quite natural, that the first accessible information will be about managers of a site and our partners. We will place contact data of your company if it will be logic addition of the given project and will serve its development and development of your company. Portal is constantly supplemented with new information. If you are interested in certain additional information on data of the section, if it is not breaking principles of confidentiality, we can present it according to inquiry.
Electronic trading platform (ETP). Section Auction, work principles and main provisions. Auction types: private auction the identities of the bidders are hidden; public auction, the bidders' identities are not hidden; Automatic Auction the auction will end automatically and the winner will be also automatically selected; Manual Auction the winner will be manually choosen by the offertant.
Section Commodity Brokers have: BCL, FCO, IMFPA, ICPO, LOI, BID, NCNDWA, Offer, SCO.
This Code of Practice is for the guidance of Brokers and their clients engaged Trades.
Commodity Quality Article Count: 43
This section included standards and contractual specification for agricultural commodities: Cereals: Wheat, Rice, Rye, Oats, Barley, Corn, Millet, Sorghum, Buckwheat, Amaranth.; Food-stuff: Coriander Seeds: Coriander Seeds Whole (Coriandrum sativum L.); Coriander Seeds Split (Coriandrum sativum L.); Milk Powder: Skimmed Milk Powder; Full Cream Milk Powder; Unhulled Millet; Sugar: Raw Cane Sugar - ICUMSA 600/1200 RBU; VHP (Very High Polarization); Refined Cane Sugar - ICUMSA 45 RBU; Walnut; Wheat flour Grades (USA, Turkey, Ukrainian, Russian).; Feed-stuff: bran, meal, cake, etc, Oilseeds: sunflower, rapeseeds, etc,; Pulses: Peas, Chickpea, Vetch, Bean (Dry beans, Kidney bean, haricot bean, pinto bean, navy bean, Lima bean, butter bean, Azuki bean, adzuki bean (Vigna angularis), Mung bean, golden gram, green gram (Vigna radiata), Black gram, Urad (Vigna mungo), Scarlet runner bean (Phaseolus coccineus), Ricebean (Vigna umbellata), Moth bean (Vigna acontifolia), Tepary bean (Phaseolus acutifolius).; Vegoils: sunflower oil, rapeseeds oil.
Cereals Standards Article Count: 8
Cereals commodities: Wheat, Rice, Rye, Oats, Barley, Corn, Millet, Sorghum, Buckwheat, Amaranth. Oats, barley, and some food products made from cereal grains. Grain redirects here. For other uses, see Grain (disambiguation). This article is about cereals in general. For the breakfast food, see Breakfast cereal. Cereals, or cereal grains, are mostly grasses cultivated for their edible brans or fruit seeds (botanically, a type of fruit called a caryopsis). Cereal grains are grown in greater quantities and provide more energy worldwide than any other type of crop; they are therefore staple crops. They are also a rich source of carbohydrates. In some developing nations, grain in the form of rice, wheat, or maize constitutes practically the entire diet. In developed nations, cereal consumption is more moderate and varied but still substantial.
Feed-stuff Standards Article Count: 8
Feed-stuff commodities: Bran, Meal, Cake; Pulp. PAS and Trade is Trade Portal for sale/ purchase of agricultural commodities on Incoterms 2010 basis. Trade Lots presented at web-site based on inquiry from seller (ask, offer) or buyer (bid). This category is for trading of Feed-stuff commodities Rye Bran Pellets, Wheat Bran Pellets in bulk, big bag, 25/50 kg PP bags on Incoterms 2010 basis (DDU, CFR, CIF).
Food-stuff Standards Article Count: 8
This category is for specification of Food-Stuff commodities Flour, Wheat Flour, Rye Flour, Coriander, Groats, Flakes, Kernels, Milk, Nuts, Sugar in 25/50 kg PP bags on Incoterms 2010 basis (DDU, CFR, CIF) with GAFTA contract apply.
Trade Portal is for sale/ purchase of agricultural commodities. Trade Lots presented at web-site based on inquiry from seller (ask, offer) or buyer (bid).
Organic foods refer to agricultural products that are grown and processed without the use of fertilizers, growth regulators, livestock feeds, pesticides, additives, bio-engineered genes (GMOs). Organic farming is controlled by regulations which differ from country to country. The main concept of organic farming is to grow food without the use of synthetic materials or genetically modified crops.
In conventional farming, farmers utilize chemical fertilizers to enhance plant growth. Conventional foods are made using pesticides, chemical herbicides. In animal rearing, conventional farmers administer antibiotics and growth hormones to improve the growth and well being of the animals.
Oilseeds Standards Article Count: 6
This category is for specification of Oilseeds agricultural commodities: Brown Flax-Oil Seeds and Gold Flax-Oil Seeds, Linen seeds, sunflower, mustard seed, Palm, Soybeans, Rapeseed, Sunflower seed, Peanut, Cottonseed, Palm kernel. Shipments are in big bag, 25/50 kg PP bags on Incoterms 2010 basis (DDU, CFR, CIF).by vessels, containers, trucks. The SELLER are to be ready to offer/ SCO, negotiate terms of the contract to sell, supply, transfer commodities. The Buyer are to be ready to buy/ LOI, purchase and receive commodity. Consignment of goods is to be accompanied by the set of the original documents. Payment: Cash Against Documents, Letter of Credit at sight. The most widely produced tropical oil. Also used to make biofuel. Soybeans. Accounts for about half of worldwide edible oil production. Rapeseed. One of the most widely used cooking oils, Canola is a (trademarked) variety (cultivar) of rapeseed. Sunflower seed. A common cooking oil, also used to make biodiesel. Peanut. Mild-flavored cooking oil. Cottonseed. A major food oil, often used in industrial food processing. Palm kernel. From the seed of the African palm tree/ Olive. Used in cooking, cosmetics, soaps and as a fuel for traditional oil lamps
Pulses Standards Article Count: 7
This category is for specification of agricultural commodities: Beans, Faba Beans, Kidney Beans, Beans, Chickpea, Lentils, Lupine, Peas, Sainfoin, Vetch. Shipments are in big bag, 25/50 kg PP bags on Incoterms 2010 basis (DDU, CFR, CIF).by vessels, containers, trucks. The SELLER are to be ready to offer/ SCO, negotiate terms of the contract to sell, supply, transfer commodities. The Buyer are to be ready to buy/ LOI, purchase and receive commodity. Consignment of goods is to be accompanied by the set of the original documents. Payment: Cash Against Documents, Letter of Credit at sight. A pulse is an annual leguminous crop yielding from one to twelve grains or seeds of variable size, shape, and color within a pod. Pulses are used for food and animal feed.
Vegoils Standards Article Count: 6
This category is for specification of agricultural commodities: Flaxseed Oil, Rapeseed Oil, Soybean Oil, Sunflower Oil in bulk, PET Bottle, flaxi-tank on Incoterms 2010 basis (DDU, CFR, CIF), FOSFA contract apply by vessels, containers, trucks. The SELLER are to be ready to offer/ SCO, negotiate terms of the contract to sell, supply, transfer commodities. The Buyer are to be ready to buy/ LOI, purchase and receive commodity. Consignment of goods is to be accompanied by the set of the original documents. Payment: Cash Against Documents, Letter of Credit at sight. Vegoil commodities: Rapeseed Oil, Soya Oil, Sunflower Oil
Contract Addendum Article Count: 9
PURPOSE AND SCOPE
Contract Specimen Article Count: 11
This section for negotiations and conclusions of contracts various commodities, Incoterms basis, standard contracts (GAFTA, FOSFA), way of payments (LC, BG, CAD) and etc., as it mentioned below in sections terms. A contract is an exchange of promises between two or more parties to do or refrain from doing an act which is enforceable in a court of law. Contract could be present for you based on specific condition of your commodity and terms. Section is for contracts on F basis as per Incoterms 2010 such as FOB, FAS, FCA. Basic items in the short form contract are: Sellers; Buyers; Quantity; Description of goods; Quality of goods; Packing; Shipment date; Price; Payment; Other conditions.
Deal Support Article Count: 10
This section for deal support in case clients need this type of service.
We can work as Commodity Brokers based on your order and using in trade below mention documents:
Full Corporate Offer (FCO),
IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA),
Irrevocable Corporate Purchase Order (ICPO),
Letter of Intend (LOI, BID),
NON-CIRCUMVENTION NON-DISCLOSURE WORKING AGREEMENT (NCNDWA),
Soft Corporate Offer (Offer, SCO).
This Code of Practice is for the guidance of Brokers and their clients engaged Trades.
Payment Terms Article Count: 6
A payment arrangement in which an exporter instructs a bank to hand over shipping and title documents to the importer. International Terms Of Payment: Cash In Advance; Letter Of Credit; Cash Against Documents (CAD); Performance Bond; POP - Proof of Product. Terms Of Foreign Trade: RWA - Ready, Willing and Able; SOFT PROBE; SWIFT.
International wire transfers are done via the SWIFT network, and this network offers the payer three different expense regulation methods, which are called OUR, SHA and BEN.
- OUR (sender pays costs) means: All fees will be charged to the sender of the transfer and the receiver gets the full amount submitted by the sender. These fees include the charges levied by the sending bank and any charges applied by intermediary (correspondent) banks.
Usually, the sending bank will levy a flat fee for third-party charges and the senders will know the cost before they transfer the money. (Normally, the receiving bank does not charge fees; you can find more information in the terms of your bank.) In practice it can still happen from time to time that some intermediary bank charges a fee and deducts it from the amount transferred. Unfortunately, the overall process is non-transparent and it is hard to figure out who charged these fees and when this happens (or even get this unpermitted deduction back), but it seems advisable to provide as detailed information for the transfer as possible (e.g. also your intermediary bank details) to reduce this risk.
- SHA (shared costs) means that charges are split between sender and beneficiary. The sender's bank will charge the sender a fee for the payment orders, while the beneficiary pays the charges of any intermediary bank (and those of his / her own bank, if there are any). The intermediary bank fees are deducted from the amount transferred.
- BEN (beneficiary pays costs) means that the sender does not pay any charges. Any intermediary banks and the sender’s bank deduct their charges directly from the amount being transferred. This means that the recipient will receive an amount that is lessened by the fees applied by all parties involved. The sender should therefore add the amount of these fees to the original transfer sum so that the recipient will receive the full payment. As a rule of thumb the fees of international transfers are around 25 - 35 Euro/USD. In this case, you can say that for fees below 500 Euro, receiving payments via PayPal or Credit Card is usually cheaper than via bank transfer.
Sell at Auction Article Count: 4
Auction Electronic Trading Platform (ETP). Section Deals, work principles and main provisions. Auction types will apply: private auction; public auction; automatic auction. Portal is for seller sell and buyer buy goods.
An auction is a process of buying (bid) and selling (ask, offer) goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder.
Bidding is an offer (often competitive) of setting a price one is willing to pay for something. A price offer is called a BID. The term may be used in context of auctions, stock exchange or card games.
BIN or (BuyItNow) Auction. The seller gives you the opportunity to purchase the item right away without waiting for an online auction to end. - Fixed price listings -
Proxy Bidding is an implementation of an English second-price auction used on eBay, in which the winning bidder pays the price of the second-highest bid plus a defined increment.
In a private auction the identities of the bidders are hidden, so anyone that buys the item can remain anonymous.
In a public auction, the bidders' identities are not hidden and anyone is welcome to attend the auction.
If the type is Automatic Auction the auction will end automatically and the winner will be also automatically selected.
If the type is Manual Auction the winner will be manually choosen by the offertant.