Are you already in the international brokerage enterprise or are you thinking of going into it and wondering learn how to get fat commissions? If sure, you’re little doubt in search of the right merchandise to handle, the place to find them, and methods to suggest them.
The products which could assure you large commissions may be grouped into three classes: energy products; agricultural products; and mineral, steel, and materials merchandise.
Considering energy products, we can cite coke, coal, crude oil, gas oil, jet gasoline, Diesel D-2, liquefied petroleum gas (LPG), and liquefied natural gas (LNG).
The agricultural merchandise of curiosity can be grouped below three sub-classes: plant oil, grains, and agrochemicals. Beneath plant oil, we could mention palm oil, sesame oil, rapeseed oil for biodiesel manufacturing, sunflower oil, and soybean oil; for grains, we have now wheat, rice, and sugar; and regarding agrochemicals, we will point out fertilizers such as UREA, NPK, and DAP.
As for the minerals, metals, and supplies, the sub-classes price considering are steel wastes similar to HMS (Heavy Metallic Sheets) 1, HMS 1&2, and railway scrap; iron ore; and cement.
Gives for all of the products listed above can be obtained on the varied business portals. One also can find suppliers on-line by looking with http://www.google.com or every other search engine. Just sort, for example, suppliers of palm oil into the browser window and youd receive huge search results. It’s also possible to find suppliers in exporters directories and from exporters associations and chambers of commerce.
However you will need to know the countries where these products are simply available.
Coal is plentiful in Brazil and India. Coke also. For crude oil, look in direction of Nigeria for Bonny Light Crude Oil (BLCO), Saudi Arabia, and the CIS nations, particularly Russia. Gas oil, jet fuel, Diesel D-2, LNG and LPG abound in the previous Eastern European nations and within the Middle East.
For the energy products, (and naturally, for all products) preferably look for offers from end sellers or sellers mandates solely. Neglect intermediaries and facilitators; they’ll solely waste your time. Discounts are often between US$3 to US$5. Ask the vendor to send you the full Corporate Provide (FCO) underneath penalty of perjury or the draft contract plus banking coordinates.
You can receive presents for the agrochemicals from Canada, China, the CIS nations (especially Ukraine), and from Russia. All the time ask for the specs of the products since there are totally different varieties of each. For instance, we have NPK 10-20-20, NPK 10-20-15, and others.
Look to Asia, especially Malaysia, Indonesia, and Singapore, for palm and sesame oils; Canada for rapeseed oil; and Brazil, Argentina, the US, and Canada for sunflower and soybean oils.
Regarding grains, the most effective sources for wheat are North and South America, especially the US and Brazil. As for rice, Asian countries resembling Pakistan, India, Thailand, and Vietnam head the list of suppliers. Rice is specified underneath percentage broken. Thus we now have 5% damaged rice, 10% damaged, 15% damaged, 25% damaged, and so on. Each of those types has ready markets in certain components of the world. As an illustration, West Africa consumes 25% damaged rice most, principally because it’s the most cost effective. Basmati is premium rice and has a distinctive taste.
HMS 1, in response to ISRI code 200-202 and HMS 1&2 (eighty/20), in accordance with ISRI code 200-206, can be found in the CIS nations and in African countries corresponding to Congo, Angola, and South Africa. As for railway scrap (R50/R65), either uncut or minimize to lengths of 1 or 1.5 meters, the most effective source is Central Europe, particularly Russia. Look for spot contracts of 30,000 metric tons or less or annual ones of 12 x 30,000 metric tons. Keep away from any product labelled NHI because it’s not serious. Ask for an FCO with efficiency bond (PB) and proof of product (POP). Offers which grant visits at the loading port for inspection could also be real. As for iron ore, India, South Africa, Australia, and Brazil are the very best origins. Look for iron ore with 64.5% iron content material. Presents are normally between 10,000 and 40,000 metric tons. Any grade of Portland cement conforming to ASTM-C-150 is acceptable. Ask for the specification or the grade and the kind of packaging. One of the best suppliers are from China, Russia, and Ukraine.
How can you get patrons for these offers?
The business-to-enterprise portals also serve to promote items. You’ll be able to submit promoting commerce leads there or search for consumers who’ve posted shopping for leads. But know that as a broker it could also be troublesome so that you can sell on the business websites, particularly when you obtained the gives online. For one factor, you’ll be able to hardly compete with finish sellers or their mandates, except where you are getting your commission from the sellers net value. Secondly, consumers are cautious of brokers as a result of many have wasted their time up to now.
You could seek for buyers online or look them up in directories of importers or contact importers associations and the chambers of commerce.
For energy merchandise, firms in America and Europe are at all times looking for them. Asian countries have additionally change into major importers. Crude oil, especially Nigerian BLCO, is in high demand. However nobody will consider an offer from a broker. The solution will be to hitch with a vendor or his mandate.
Fertilizers, edible oils, and grains are also used worldwide. Just a little research will let you know which kind is right for which area.
The very best place to supply HMS, railway scrap, and iron ore is first China, then India, and within the third place Turkey. Cement is a worldwide commodity.
Your offer should be as professional as you’ll expect from a vendor. Dont neglect to ask your buyers for proofs of funds (POF) and for proof of earlier performance.
Now that you realize the products to make your dream of massive commissions come true, where to get the offers, and find out how to get them to the proper market, all that’s left for you to do is to get right down to work.
SIDEBAR
聲 Probably the most notable enterprise portals are: http://www.alibaba.com, http://www.indiamart.com, http://www.ec21.com, [http://www.bidmix.internet], http://www.asianet.com, and [http://www.globalsources.com].
聲 Different engines like google are: http://www.munky.com, http://www.hotmail.com, http://www.yahoo.com, http://www.lycos.com, http://www.voila.fr,
http://www.northernlight.com, http://www.altavista.com, http://www.ixquick.com.
聲 From the consolation of your chair use search engines like google to search out addresses the place you’ll be able to acquire exporters directories (Kind exporters directories into your browser window) and the place you can find exporters associations (Type in exporters associations) and chambers of commerce (Type in chambers of commerce).
聲 NPK fertilizer is the one containing 10% Nitrogen, 20% Phosphorous, and 20% Potassium.
聲 Commissions on these businesses can range from tens of hundreds of dollars to hundred hundreds and even 1,000,000 dollars or more. Like each good thing, it is not simple to earn.