You will see a dashboard with all the counts of Deal, Registered companies, executed deal in real-time; bids and offers for standard and non-standard biomass products posted by TRADERSbiomass Market Members can be checked after clicking on respective count shown on the page.
You are allowed to negotiate (n-number of times) major commercial terms such as price, volume, incoterm, type of packing, currency and payment method on posted deals by other Market Members.
When a trade is executed, an email instantly informs you about which contract of yours has been traded with all major term details. The TRADERSbiomass trading screen is an invaluable source of biomass pricing information in real time.
You will first need to select TRADERSbiomass other Market Members as counter-party. As a best practice to trade efficiently, you must add multiple counter-parties to trade with
All Market Members are required to register their company profiles and basic financials with which other Market Members can select Counter-parties that they want to trade-with on the platform.
When your chosen counter-parties reciprocate, you can post bids, offers and execute trades on the platform via negotiation process. Don’t forget – until then you can still view prices of all posted trade deals.
All trades on the platform are underlined by our unique Standard Biomass Trading Agreement (SBTA). SBTA defines the quality, delivery terms and all other major trading conditions, so that you can focus on negotiating what matters the most: Price and Volume efficiently.You can find out more about SBTA here.
Yes, Final price is determined based on quality of the product at destination port (buyer's port) based on 3rd Party test report, as per normal market practice. Price adjustment formulation is defined in SBTA at length and in Biomass Exchange Rules.
Strict rejection limits and penalties laid out to give buyers comfort on loaded quality. SBTA and the Biomass Exchange Rules contain clear contractual provisions for umpire analysis and rejection procedures.
Here in order to increase contracts, sellers need to increase production capability in turn need to set up new factory or extend existing factory that would require more funding.
As TRADERSbiomass is having M&A arm for specifically biomass with experienced M&A bankers around the globe, Our M&A team can help them to get funding for Production capacity increase, and therefore sellers can expect more contracts from the enhanced capacity.
We as TRADERSbiomass team would need to know the reason of seller for not being able to supply all production volume to existing buyers, which can either be because of quality issue (we could not be able to help here) or not being able to find adequate number of buyers to sell to. We can help here in a big way by match making as our trading system is first and foremost global biomass trading platform where n-number of buyers and sellers can get together to make n-number of deals.
Once a seller is onboarded to our system, s/he would have a chance to make a deal with as many as buyers as s/he likes in a very efficient way.
S/he don’t have to wait for buyers visiting them one by one. This is very receptive sales activity. A seller can be more aggressive in marketing and sales activity by joining our biomass exchange, selecting right counter-parties and negotiating with the lead. You as a buyer or seller is in control of your destiny by leveraging our platform efficiently.
Settlement will take place based on SBTA flow set in our system. Like buyers and sellers can negotiate on major terms of the deal including payment methods among multiple choices.
Multiple options are provided in our system to select or to add any other method.
if buyer and seller would determine to use this service, the Escrow service will handle complete settlement procedure. However, please note that Users need to pay service charge in order to use this service
Seller need to guarantee about product quality, and if the product quality is not compliant with what they promised, seller need to pay penalty set out in the SBTA.
Buyer need to guarantee payment terms and timeline, and if not paid in time, buyer need to pay penalty set out in the SBTA
On TRADERSbiomass, Users can do extensive negotiations for better terms more Efficiently with many counter-parties simultaneously through our electronic trading system (ETS).
If a user (buyer / seller) posts any deal on our ETS targeting particular markets like Japan, Korea or China, it’s counter-parties in those market gets notification via internal messaging services & mails and can review the deal as soon as its posted and jump into it early (if it attract their interest, Users don’t have to spend a lot of time for searching and shopping)
Users can majorly focus on negotiating terms and conditions of a particular deal with a counter-party that they have selected.
Before new users starts trading, s/he needs to select counter-parties who they want to trade with by referring to other member’s corporate profile, financial snapshot, product & production capabilities. This selection process will be made on an anonymous basis for protecting business longevity. Once a User selects all his/her counter-parties, deals posted by the selected counter-parties will be highlighted in grey on the trading screen which helps, comforts and protects users transaction only with selected counter-parties.
One of the problems faced by biomass buyers is that many of biomass sellers tend to be small companies with short operational history and financial weakness. So, our counter-party selection functionality will be able to mitigate entry level risk that Users would face.
Through negotiation between buyer and seller, if both parties agree on final terms, the deal will be binding, and ID’s of both parties will be revealed to the each other & buyer would be given a closing condition weather he would like to visit supplier before freezing the deal & supplier cannot reject his/her visit. After an on-site visit by the buyer, if buyer would decide that supplier is not in compliance with what they have disclosed during the negotiation of the deal, the buyer may terminate the deal & do not proceed for closing the deal with him/her.