A commodity contract is an undertaking about the future: that a stated quality, in a stated
quantity, will be delivered to a named port on agreed terms. Inspection, documentation,
freight and finance exist to make that undertaking hold when conditions change.
ANGITU DMCC is a physical trading house rather than a broker. We take title to the goods,
carry the position, and remain responsible for the cargo from origin to discharge. Our
principal business is grains, cereals and legumes — milling and feed wheat, corn, barley,
sorghum, rice, chickpeas, lentils and peas — supplied to millers, feed compounders, packers
and distributors.
The company was established by traders with long careers in physical energy. Crude and
refined product trading set the standards we apply today: independent inspection,
documentary credit handled precisely, laytime calculated accurately, and counterparties
screened before commercial terms are discussed. Those activities remain on our licence,
while agricultural commodities account for the majority of our trade.
We operate from Dubai because of its position relative to the routes we serve: Black Sea and
Danube grain moving south and east, South American and North American cargoes crossing the
Atlantic and the Cape, and Indian Ocean trade moving west. The working day overlaps with
Chicago, Rotterdam, Singapore and the Arabian Gulf.
- IWe contract only volumes we are able to source and ship.
- IIEvery parcel is independently inspected at load and at discharge.
- IIIPrice exposure is hedged on recognised futures exchanges.
- IVCounterparties are screened before commercial terms are discussed.