How To Reduce Your Commodities Costs
Who You Know, Makes The Difference.
It’s not so much as what you know but who you know in the commodities business when it comes to price. Verity has high placed sellers who will make the difference in your pricing simply because they are direct to the refinery or mandate.
The professionalism I experienced in all of my conversations, phone calls, emails, and contracts is surpassed by none. Jess Preston, Supplier, Great Britain
Cost Management
Verity Is An Exciting Company Based In Charleston, South Carolina, Which Acts As A Mandate Or A Facilitator Introducing REAL Buyers to REAL Sellers And Arranges Contracts For The Supply Of A Variety Of Sought After Commodities Between Established Sellers & Buyers In The Commodity Industry.
Our Procedures
Naturally, procedures vary from one commodity to another and from one seller to another. We will be happy to send you the procedures after you send us your company profile or company website (which contains your corporate information) so we can vet your company. Majors, of course, have entirely different procedures which we follow. Note: Must use a Top 25 USA Bank or Top 25 European Bank.
Energy Products
Fuel Commodities
Gas oil diesel types D2 & D6
Aviation kerosene types JP54, Jet A-1
Mazut (M100-75 and M100-99
Fuel oil types Cst180, Cst280 & Cst380
Liquefied Natural Gas (LNG)
Liquefied Propane Gas (LPG)
Bitumen
Crude Oils (SLCO/Basra Light/BLCO)
Coal (Steam/PET/Coking)
Urea
Place Order
Tell Us What You’d Like To Order
Please tell us what type of commodity you would like ordered, where you would like it delivered (CIF) or if you would like to pick it up (FOB), how much quantity you need etc.
Verity Finds Competitive Pricing For Commodities
Verity Marketing’s Monitoring of Prices & Price Trends – Utilizes a variety of sources for information on current commodities prices and where they likely are headed. These sources include obvious ones, such as refinery pricing, mandate and title holders. We seek to bring the best price forward always for our buyers.
Sugar Prices Continue To Rise Due To Drought
Sugar Cane Shortage’s Continue To Impact Brazil’s Biggest Sugar Producer – The seriousness of these trends was underscored by a recent Reuters News’ report on Raizen, the biggest sugar and ethanol producer in Brazil. Raizen recently said it will stop production at its Bom Retiro mill in southeastern Brazil for two years because the severe drought had caused a shortage of cane.
A Raizen representative said it was no longer economically viable to keep the mill running, especially with low global sugar prices. Since 2008, some 80 cane mills in Brazil have shut down and 67 went bankrupt because of lower sugar prices and shrinking profit margins. Nine other mills are expected to close in 2015, according to industry association Unica.
As was reported late last year, falling cane harvests have meant higher prices. The volume of cane harvested fell sharply, to 34.4m tons – down 11.6% on the first half of October 2014, and a 12.7% drop year on year – amid an acceleration in plants closing their crushing season early and talk of a lack of cane.