Here are the documents you need to start trading commodities:
1. LOI (Letter of Intent) with all this information:
1) Product
2) Product Specification
3) Country and Port of destination (If not FOB)
4) Quantity (in MT)
5) Time of Contract (if not SPOT)
6) Packaging (pack specification or bulk) 7) Other Mandatory Procedures
8) Target or accepted price
9) Payment Alternative (SBLC, DLC and other payment specifications)
10) Other details and requeriments
11) TOP 50 Bank Information (Bank, Address, Account Number, Holder and Bank contact).
12. Date, Address and Stamp of the purchasing company and director name and signature.
2. ICPO (International Certificate for the Port of Origin). This is a document that certifies the origin of goods, including the country where they were manufactured or produced.
