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SMICE COMMODITY PRICES

 

 

DOING BUSINESS WITH SMICE 

A Division of www.ftnx.net  and  www.ftnexporting.com  Australia  ©2013


SMICE are Buyer and Seller of all non break  type of Commodities from verified suppliers world wide. We buy commodities and we sell Commodities in our own name.While we know a a great deal about the commodities we deal in we cannot be expert in regards 'all' the varying types of commodities we deal in, hence our true nature is that we are expert in strict safe exporting importing procedures, and make high demands of supplier offering goods to SMICE as such suppliers are the experts in only the product they deal in. End buyer are also the 'experts' in knowing the single product they are buying from SMICE. A supplier must know what they offering and a end buyer must know what they are buying based on the clarity of advice provided by SMICE especially in regards to the specification of goods being assured by SMICE. We at SMICE don't have the luxury of just dealing with one product. We have to deal with many products, customs and principals and we need to know much about current delivery and banking rules, financial instruments,agency, and contract formation laws. Our position is a difficult one, much more so than any supplier or end buyers accordingly, we do not take short cuts when buying and selling commodities and conduct business using very strictly applied and safe procedures. As leaders in this business, nothing less can be expected.We guarantee that what is offered by SMICE will be delivered, as we demand independent experts to verify all goods we buy or sell. SMICE was created (2010) by International author Davide Giovanni Papa and founder of FTN Exporting Australia (1988) We have been educating intermediaries, buyers, sellers and many other entities including Bankers,Lawyers, Doctors, Private traders and the likes for 25 years  in matters of  strict safe trading procedures.  Since 2010 we have been also serving legal expert opinions to law firms on the  related subject matters of fraud and, money laundering and illegal practices.We are also due diligence and sourcing experts. We are the worlds leading experts  and educators in the nature of business apparent. We created the first uniform doctrine of safe trading. Our doctrine of trade released  in 2005 (ITSI) has become mainstream. Safe, strict, proper unified legally defined trading procedures is what we promote. Our own SMICE Agents are the best informed traders of their kind in the world. SMICE conducts business using current  URC and UCP Banking rules, Incoterms Delivery Rules, URPIB  Broker and intermediary Rules and English © formation rules and foreign Governance of such. SMICE only buy and sells commodities from Principals world wide offering or taking possession  of such, including  major Corporations, Government Agencies and Heads of State.  This is the business we specialise in and are leaders in - world wide. 


End buyers or Supplier are welcome  to contact one listed SMICE Agent  or  SMICE directly  with their inquiries . Intermediaries  and Brokers please make your inquires to one only SMICE Agent. URPIB rules apply.  FTN Exporting guarantees all commission to worthy Intermediaries  and Brokers we  accept to assist us.


ftn_smice@bigpond.com


SMICE  REQUIREMENTS

  • We do not accept flawed improper trading  procedures carrying the auspices of  LOI, ICPO, MT/ ASWP, MT/SWIFT, BCL, POP, BG, NCNDA, PB, MPA or the likes.
  • Above type of inquiries are trashed.
  • SMICE conducts  business  strictly applying  only  safe, legally defined and proper  International Trade Practices, Laws and  Procedures of  Agency World wide.
  • We will consider buying  future contract of supply from a supplier for non break cargo lots  in single or multi contract shipments of any viable exportable product.
  • We are not interested in FCL  contracts  of supply, nor SPOT transactions.  
  • Petroleum Products, Mineral Resources , Chemicals , Agriculture at FOB Incoterms are keenly sought.
  • Supplier may present their offer or letter of supply assurance to SMICE directly or to one  listed SMICE Agent (if assistance is required.)
  • Yearly contracts of supply on monthly basis exceeding 1.2 million MT or single shipments  exceeding 100,000 MT interest us greatly.


SMICE BUYING PROCEDURE WITH OUR SUPPLIERS

  • (TPA: Transacting Period  Allowed ) 
  • Supplier provides a basic  FOB Incoterms 2010 indorsed offer for our consideration, valid for 30 day  or  updated monthly accordingly.
  • Once SMICE  is ready to buy  we will advise an 'offer to  procure' for acceptance and actual  confirmation of supply offered.( 5  Days TPA ) 
  • Once the  Buyer (SMICE)  'offer to procure' is accepted by the supplier, such  reverts with a draft contract for SMICE to sign and accept.(10 Days TPA)
  • SMICE advises  signed draft contract by PDF as formal (inter-net) as well as a courier mail hard copy. 
  • The Supplier and Buyer (SMICE) and now legally bound to perform; within ( 5 Days TPA)
  • The contract will have verifiable  information as to our  'RWA'  status and other confidential information.
  • SMICE advices a UCP 600 endorsed  financial instrument as per contract. The supplier has 5 days to accept or amend such.
  • Once our DLC is accepted 1st delivery is usually  60 days  there after  and 30 days  for revolving shipments  thereafter. 
  • Delivery documents  are cleanly presented as per contract to SMICE. Supplier collects on our financial instrument 'at sight.' Ship slips moors port of loading.Transaction done.


  1. SMICE uses top 100 world ranked triple 'AAA" Australian  banks when advising its Irrevocable credits and such Banks do not need to confirm such credits.
  2. A Supplier offering good prices of large contracts of supply  seeking a confirmed credit may pay for such to their own bank of which SMICE will reimburse  the confirmation fee as a debit applied on the suppliers invoice to SMICE.
  3. No transferable credit given to a supplier. Supplier means "Supplier or Exporter in possession of goods" they are offering.
  4. Supplier must assure goods or provide an offer carrying  details such as; Delivery mode, Quantity, Price, Unit , Name of Inspection Agency, Port of loading, and full specifications.


SMICE SELLING PROCEDURE TO OUR END BUYERS 

  1. End Buyers 'taking possession of goods' sought  please select one SMICE Agent  to examine your request for product being sought. 
  2. An End Buyer once accepting  an offer / contract will have to provide RWA (UCP 600 ruling  Bank issued  credit) before we release any disclosure about the product we are selling.
  3. If the end buyer has no intent to buy they should not be seeking products from SMICE and should seek to secure  their own supplier.


©FTN Exporting 2013





DID YOU KNOW? (SINCE 2010) SMICE FOUNDER DAVIDE GIOVANNI PAPA  IS A  DUE DILIGENCE AND PROJECT INCEPTION EXPERT AND HAS SERVED LEGAL OPINIONS WORLD WIDE BASED ON THE 'SUMMARY ON EVIDENCE REPORT.' EXPERT OPINIONS IN RELATED MATTERS OF TRADE AND AGENCY INCLUDING MONEY LAUNDERING  AND PROCEEDS OF CRIME (POCA) MATTERS. PLEASE MAKE YOUR INQUIRY VIA CONTACT FORM ON THIS SITE  FOR RATES. 100% CONFIDENTIAL . REFERENCE OF LAW FIRMS USING OUR SERVICES  IN PAST AND CURRENT VIP CASES PROVIDED. 

 

 

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