What we trade

Physical commodities, on published specifications.

We buy from verified suppliers. We sell to identified buyers. Everything is on written terms.

Edible oils

Specification: Palm oil (PORAM specification), sunflower oil, soybean oil, rapeseed oil
Contract and quality basis: FOSFA contract forms; a FOSFA-member analyst; load-port certificate final, within an agreed tolerance.
Delivery terms: Incoterms 2020 to a named port.
Inspection: Load-port sampling and analysis by a FOSFA-member analyst.

Copper cathode

Specification: LME Grade A, LME-registered brands, in bundles
Contract and quality basis: LME cash settlement average plus an agreed premium.
Delivery terms: Incoterms 2020 to a named port, or warehouse delivery against the warehouse's written confirmation that it holds the metal.
Inspection: Independent inspection at weighing and container sealing.

EN590 diesel

Specification: EN 590, 10 ppm sulphur (ULSD)
Contract and quality basis: Contract quality per EN 590; terminal quality and quantity certificates.
Delivery terms: Incoterms 2020 to a named port.
Inspection: Load-port inspection by an independent inspector.

Gold bullion and doré bars

Specification: Bullion to LBMA Good Delivery; doré bars to assay, with the refinery and assayer named in the contract
Contract and quality basis: Price by assayed fine gold content against the London benchmark, less an agreed refining and treatment charge.
Delivery terms: Through a security-logistics operator and a refinery or vault both parties accept.
Inspection: Assay by a refinery or assayer both parties accept, appointed under the contract.

Every product is traded within the activities on our licence. Some activities may not be carried on inside the United Arab Emirates. Those cargoes go from the load port straight to the buyer's port. They never enter the country.

Detailed specification sheets are supplied to verified counterparties on request.

How a trade works →