If you are new to commodity trading, your first calls with "buyers" can feel like an interrogation. You share an offer, the phone rings, and suddenly you are the one being called illegitimate, by someone who refuses to share a single document.
This happens because the market is crowded with intermediaries posing as buyers and sellers claiming to be refineries. Everyone is cautious, and much of what you hear is noise.
Such callers are often chain brokers or data miners looking to collect your offer and shop it around.
Follow a fixed process. Do not argue about your legitimacy. State your procedure once: no ICPO, no deal. Serious buyers understand compliance and expect it.
Handle Proof of Product requests the same way. Verification is mutual. The seller shows POP after the financial instrument is verified or the contract is signed, not before.
Know when to walk away. "We don't do ICPO", "we want to meet the seller first" and "no POF" are all signs to end the call and move to the next lead. Your time is worth more than a deal that was never real.
At Vreeha Globals, we hold direct mandates to sellers and refineries for rice, sugar, edible oils, EN590, D6, Jet A1 and more. Every transaction follows a standard, secure procedure that protects both sides.
Contact our trade desk