Raw cotton is a specialist product. Sourcing a bale of cotton from the interior of a vast country and arranging for that cotton to be shipped to the nearest port where an end user is located requires a range of expertise. Not only does this require specialist knowledge of how to manage risk in price movement, but there are complex issues of how to document a trade, draw up a contract that accurately describes what is intended and protects buyers and sellers from unforeseen circumstances and possible delays in contract execution.

 

Moving cotton by truck, rail and by sea results in many challenges. Understanding logistics around the world is essential in taking on contractual obligations. 

 

Payment terms and preparation of clean documents is another area of complexity  that requires years of experience and in depth understanding.

 

Most international cotton is traded under International Cotton Association By laws and Rules. These rules are constantly changing as market conditions dictate. Tim North’s decades of experience in helping write these rules and determine cases at arbitration provide great insights that can be taught and explained to help those engaged in trading to apply best practices. Our training and seminar sessions will speak to the many issues concerning contract management, understanding the rules governing cotton trading and knowing how to protect against unforeseen circumstances.

 

The willingness to travel internationally allows training programmes to be tailored according to specific needs. Whether speaking to large groups or providing one on one sessions, we are able to cater to a wide range of requirements. 

 

Knowledge is power. Understanding what pitfalls can occur due to logistics, contracting procedure and volatile markets is essential to a successful and profitable business. With all the years of experience focused on cotton trading globally, buyers and sellers can benefit from in depth advice and consultancy to make a positive difference to their business.

 

Programmes that walk buyers through the process of selecting cottons that fit their needs, begin negotiations and document the process of sale through to contract and final successful execution can be designed on a case by case basis.

 

For further details please contact us.