Trade Facilitation
The commodity trading process can be extremely complicated and is plagued with high-risk activities.
Australasian Trade Sales can help you answer the following questions and facilitate your trade through the processes to avoid common pitfalls made during each stage of the commodity trading process:
1.
trade review
Does the trade deal have a high probability of success?
Do both the supplier and buyer have capacity to perform?
Is the supplier's product of sufficient quality to meet the buyer needs?
2.
contracts
Has the buyer traded before?
Can the buyer provide references?
What are the quantities and terms of trade?
Are your contracts legally binding?
What happens in the event of default?
Can the buyer open an irrevocable and confirmed LC?
3.
storage
Is there adequate storage on mine site and can it be segregated?
Is the storage site secure and can your stockpile be distinguished from other customers?
What measures are in place against fire, theft, and unauthorised release of commodities?
4. TRANSPORT
What is the condition and capacity of trucks, barges, ships, etc?
Is there appropriate security during Transhipment?
What happens if the commodity is lost in transit or the freight is not paid?
What happens if there is deterioration due to adverse weather conditions?
5.
product landing
What if the landing documents show discrepancies?
What if the commodity arrives at the destination with wrong specifications or disagreement to specifications.
What if the commodity is not accepted at arriving port?
What if the LC's do not open or are delayed?
How do I ensure LC’s are irrevocable and confirmed during initial trading
What if the buyer does not accept quality of goods?