At COMDI Agricultural Markets, our strength lies in our comprehensive approach to Contract Management, driven by our deep expertise and relationships. We achieve this through a seamless collaboration between our dedicated traders, logistics team, and trade execution specialists.
This coordinated effort ensures that every contract is managed with precision and efficiency from start to finish. By integrating our specialized knowledge and teamwork, we deliver outstanding results and maintain the highest standards of effectiveness in all our contractual dealings.
At COMDI Agricultural Markets, our strength lies in our comprehensive approach to Contract Management, driven by our deep expertise and relationships. We achieve this through a seamless collaboration between our dedicated traders, logistics team, and trade execution specialists.
This coordinated effort ensures that every contract is managed with precision and efficiency from start to finish. By integrating our specialized knowledge and teamwork, we deliver outstanding results and maintain the highest standards of effectiveness in all our contractual dealings.
Contract Inception
Expertise-Driven Drafting: Our experienced traders collaborate to draft comprehensive contracts, ensuring that price management considerations are seamlessly integrated.
Legal and Compliance Review: We engage legal professionals to review and ensure compliance with all contractual and regulatory requirements.
Negotiation
Collaborative Discussions: Our traders and execution specialists work closely to negotiate terms that align with market conditions and operational capabilities.
Strategic Amendments: We make necessary revisions based on feedback from all parties to reach a mutually beneficial agreement.
Approval and Signing
Streamlined Approvals: Our internal process ensures swift and thorough approval from all relevant departments.
Efficient Execution: We facilitate the signing of contracts, ensuring that all parties have clear documentation of the agreed terms.
Implementation
Seamless Coordination: Our logistics team ensures that the contract’s terms are effectively implemented, managing the movement of goods and services in alignment with the agreed terms.
Performance Monitoring: Our trade execution specialists track contract performance, addressing any issues and ensuring adherence to agreed-upon terms.
Amendments and Extensions
Proactive Management: We handle requests for modifications or extensions promptly, ensuring that all changes are well-documented and approved.
Clear Documentation: Revised terms are formally recorded and communicated to all relevant stakeholders.
Performance Management
Regular Reviews: We conduct periodic performance reviews to ensure that all contract obligations are being met and to address any emerging issues.
Issue Resolution: Our team is equipped to resolve disputes and address any breaches swiftly and effectively.
Compliance and Audits
Ongoing Audits: Regular audits are conducted to ensure compliance with contractual and regulatory requirements.
Regulatory Adaptation: We stay updated on legal and regulatory changes to ensure that our contract management practices remain compliant.
Contract Inception
Expertise-Driven Drafting: Our experienced traders collaborate to draft comprehensive contracts, ensuring that price management considerations are seamlessly integrated.
Legal and Compliance Review: We engage legal professionals to review and ensure compliance with all contractual and regulatory requirements.
Negotiation
Collaborative Discussions: Our traders and execution specialists work closely to negotiate terms that align with market conditions and operational capabilities.
Strategic Amendments: We make necessary revisions based on feedback from all parties to reach a mutually beneficial agreement.
Approval and Signing
Streamlined Approvals: Our internal process ensures swift and thorough approval from all relevant departments.
Efficient Execution: We facilitate the signing of contracts, ensuring that all parties have clear documentation of the agreed terms.
Implementation
Seamless Coordination: Our logistics team ensures that the contract’s terms are effectively implemented, managing the movement of goods and services in alignment with the agreed terms.
Performance Monitoring: Our trade execution specialists track contract performance, addressing any issues and ensuring adherence to agreed-upon terms.
Amendments and Extensions
Proactive Management: We handle requests for modifications or extensions promptly, ensuring that all changes are well-documented and approved.
Clear Documentation: Revised terms are formally recorded and communicated to all relevant stakeholders.
Performance Management
Regular Reviews: We conduct periodic performance reviews to ensure that all contract obligations are being met and to address any emerging issues.
Issue Resolution: Our team is equipped to resolve disputes and address any breaches swiftly and effectively.
Compliance and Audits
Ongoing Audits: Regular audits are conducted to ensure compliance with contractual and regulatory requirements.
Regulatory Adaptation: We stay updated on legal and regulatory changes to ensure that our contract management practices remain compliant.
Khoebo Physicals Trading System
To streamline the management of contracts and SAFEX positions, we have developed our proprietary trading system, Khoebo Physicals.
Khoebo, or “Trade,” is an innovative online platform designed to revolutionize the management of physical stock and align it seamlessly with your JSE Deals. Tailored for commodity professionals, Khoebo provides:
- Comprehensive Insights: Detailed analytics to enhance decision-making.
- Sophisticated Workflow Management: Tools to streamline complex processes.
- Efficient Execution Management: Simplification of contract management and future execution.
Khoebo empowers users to optimize their physical commodity operations and capitalize on market opportunities by efficiently handling contract management and future execution.
Khoebo Physicals Trading System
To streamline the management of contracts and SAFEX positions, we have developed our proprietary trading system, Khoebo Physicals.
Khoebo, or “Trade,” is an innovative online platform designed to revolutionize the management of physical stock and align it seamlessly with your JSE Deals. Tailored for commodity professionals, Khoebo provides:
- Comprehensive Insights: Detailed analytics to enhance decision-making.
- Sophisticated Workflow Management: Tools to streamline complex processes.
- Efficient Execution Management: Simplification of contract management and future execution.
Khoebo empowers users to optimize their physical commodity operations and capitalize on market opportunities by efficiently handling contract management and future execution.
Contract Types
To meet the varied needs of our producers and consumers, we offer a range of contract types and Incoterm transaction options. For more details, please refer to the specific contract types available.
Deferred Price Buy No Advance
The delivery period/month and the appropriate delivered basis or premium are agreed upon. The final pricing will be set at any date in the future, against the agreed SAFEX Futures month, but must be completed before the expiration of that futures date.
Deferred Price Buy With Advance
Similar to the Deferred Price Buy No Advance, but includes an advance payment. The advance is calculated as a percentage of the SAFEX Futures month price minus the delivered basis. The producer is responsible for maintaining the variation margin if the SAFEX Futures month price falls close to or below the advance amount.
Fixed Basis
The delivery period/month, delivery point, and the delivered basis or premium are agreed upon. Final pricing is done at any date in the future, against the agreed SAFEX Futures month, but must be completed before the expiration of that SAFEX Futures month.
Pre-Season Buy (Future Price)
Pricing is set for delivery within the agreed time period based on the SAFEX Futures month (typically during the harvest period). The delivered basis and point of delivery can be finalized at a later date before delivery begins, which then effectively changes the contract to a Cash Buy contract.
Consumer Sale Execution
A hedge book is created based on the Consumer's monthly consumption needs. This involves taking up buy positions on SAFEX, which may include futures buy positions, options strategies, or a combination of both. The Consumer is then required to realize these positions by taking physical delivery of grain as agreed, based on the delivered basis.
Cash Sale
The parties agree on the delivery period/month, delivery point, and the appropriate delivered basis or premium. Pricing is set against the agreed SAFEX Futures month.
Cash Buy
The price is fixed on the day the contract terms are agreed upon. This price is set for delivery within the agreed time period and is based on the relevant SAFEX Futures month.
Our People
We are COMDI
With a capable, forward-thinking team equipped with extensive experience in grain marketing and trading, our people at COMDI Agricultural Markets are dedicated to evolving and refining their expertise. By focusing on specialist areas within the diverse agri-markets, our professionals stay at the forefront of industry developments and best practices.
Our People
We are COMDI
With a capable, forward-thinking team equipped with extensive experience in grain marketing and trading, our people at COMDI Agricultural Markets are dedicated to evolving and refining their expertise. By focusing on specialist areas within the diverse agri-markets, our professionals stay at the forefront of industry developments and best practices.