Comdity is for physical bulk commodities: real cargoes bought and sold between companies. A deal is agreed step by step, in the open, between the two companies.
A seller posts a sell offer, a buyer posts a buy request: product, quantity, delivery window and the FOB, CFR or CIF terms. The listing appears after the company email is confirmed.
Other companies send an offer on your listing with their price and terms. You see who is offering and compare the offers.
Not quite right? Send a counteroffer with another price or term, and the other side can counter again. You can also accept, decline or withdraw an offer.
Nothing is agreed until the other side clearly accepts. Then the listing shows Agreed and the two companies deal directly with each other.
Read the full guide: offer and counteroffer, or learn how FOB, CFR and CIF differ.
Comdity is an online marketplace for bulk commodities carried by sea. Companies post sell offers and buy requests for more than 90 products, from wheat and urea to iron ore and steel, and agree the terms with offers and counteroffers on FOB, CFR and CIF terms. New here? Read the trading guides or about Comdity.