A complete Global Commodity and Risk Management solution
Richcomm Global is an established participant of the global commodities market in both physical and derivatives. The origin of the merchant and cotton commodity business in East Africa in the 1950’s.
In the Middle East, the company focuses on trading the commodity spectrum and risk off-set on over 40 major commodity exchanges including SGX, CME, LME, ICE, SAFEX, etc. and to exchange based currency markets through some of the world’s leading Clearing and Brokerage merchants.
The company’s trading team have loaded white maize vessels from Beira to South America, loaded Black Sea wheat to Durban, loaded Argentine soybean meal and sunflower pellets to Africa, Indian, Thai and Vietnamese par-boiled and white rice to various African destinations, traded straight and blend fertilisers to southern Africa, fuel oil to west Africa, etc.
With expertise built over four generations, Richcomm Global’s management team works with clients ranging from trading companies, non-governmental organisations, sovereign states and in consultancy projects that includes risk mitigation, food security, strategy, supply chain management, etc. with in-depth knowledge in emerging markets.
Derivatives – Global Markets – full suite of direct market access and risk management to 40 major commodity exchanges and over 125 foreign currency pairs to manage propriety risks on cash markets.
Our customer division includes Commodity Risk Management – defining and implementing risk management strategies and reporting infra-structure for our counter-parties, devising bespoke hedging strategies and exposure management etc.
Commodity Trading operations – Agriculture, Energy and Base Metals – extensive global experience as a principal trader with strong relationships across the commodity complex.
As part of this development, Richcomm has established Trade Services section that focuses on metals (precious and industrial) trading, agriculture trading from origination to final customer and in long term energy trades that covers crude, distillates and gas oils.
Commodity Fund Management and Asset Management License in the European Union – given the restricted commodity trade financing globally and the regulatory constraints from the Basel II. The company is the majority shareholder of the Alternative Investment Fund Manager AIFMD – Agon Asset Management Limited, both regulated and registered by the Malta Financial Services Authority (MFSA).
Richcomm Global has been engaged as an agriculture, food security, agriculture blockchains and trade risk advisor to MNCs, governments, NGOs, processors like mills and crushers, etc.
The company has expanded to cover metals in the design, exposure management and execution of hedging strategies for both base and precious metals merchants. This includes resources to identify and manage client commodity price management or hedging strategies, whether for processors or producers, objectively.
Richcomm Global’s experienced management team have been responsible for managing industrial operations from maize and wheat milling plants to oilseed crushing operations. Several financial institutions, investors and stakeholders ‘parachute’ our team in to take control of a crisis or design efficient commodity control processes for senior management and directors.
Our skills ser is to provide a comprehensive solutions package that would incorporate commodity management including transport and logistics, origination, innovative commodity storage solutions, competitive commodity financing and raw material pricing and price risk hedging.
Richcomm Global’s management team has been available for consultancy and training across the commodity spectrum.
This service empowers the client to focus on their core competencies like value addition, product branding and increasing their market share, whilst outsourcing the raw material or commodity risk management to a one stop service provider.
The increased price volatility makes the hedging of raw materials an essential part of any progressive business, whether it is crude oil, refining, energy spectrum, mining, coal, base metals products like steel and copper, etc. Richcomm offers its key clients a total services package that includes strategy formulation, budgeting, strategy implementation and execution, exposure management and reporting. A ‘hands on’ commodity risk management solution tailored for the individual client or institution.