1. Description

• Commodity futures trading (or commodity derivatives) is an agreement to buy or sell a commodity at a specific date in the future with a specific price.
• Commodity futures trading takes place in international commodity exchange floor such as LME (London), NYBOT, NYMEX CME (New York), TOCOM (Tokyo), etc.
• Kind of commodities: Petroleum, cotton, metals, coffee, rubber, corn, soybean, soybean meal, wheat, etc.

2. Eligibility

For customers who have:

• Business activities including: Import and export, purchase or export processing
• Corresponding commodity trade
• Transactions on the basis of real commodity

3. Benefit

• Risk insurance in case of unexpected changes in commodity export price
• Ensure profit target and proposed business plans
• Preferential policies, funding support for import and export activities
• Simple, quick and convenient transaction
• Preferential transaction fee
• Updated information about market change and daily news alert on commodity market nationwide and worldwide.
• Free some transaction documents
• Free risk prevention plan consultation

4. How to apply

For further information, customer contact to:
Commodity derivatives Dept – Treasury Division
Tel: 844- 6281 2738
Email: Ms. Do Thu Thuy – Thuydt3.pgbank@petrolimex.com.vn
Or Ms. Dao Hong Nhung – Nhungdh.pgbank@petrolimex.com.vn