China Commercial Foreign Trade (Singapore) Private Limited (CCFT Singapore) is a wholly-owned offshore subsidiary company established by CCFT Group in Singapore, following an invitation from International Enterprise (IE) Singapore, to participate in the government’s Global Trading Program. The company was officially established on 22nd July 2015.
We specialize in the agricultural commodities import and export from Southeast Asian, Eastern Europe (Russia, Ukraine & Turkey) and Canadian products. At present, we are have an emphasis on the trading of Palm Oil, Crude Sunflower Oil, non-GMO Rapeseed Oil, non-GMO Soybean Oil, GMO Canola Oil & Refined Sugar, and have the right to operate several 12,000 to 16,000 tonne oil tankers.
Apart from the Operations, Finance and Risk Control Management divisions, we also have separate Spot Trading and Futures Trading divisions. The Spot Trading division currently engages in procurement and sales pertaining to spot trading, including but not limited to Oil & Fats products and also its by-products, Raw/Refined sugar, etc. On the other hand, the Futures Trading division mainly engages in futures trading and market information analyses of the Port Klang/Pasir Gudang (PKPG) FOB paper olein market, BMD crude palm oil futures, Chicago Board of Trade and the Oil and Oilseeds Sector of the Dalian/Zhengzhou Commodity Exchange etc., as well as hedging operations on spot positions.
In future, the company will consider the merger and acquisition more of upstream/downstream assets such as plantations, refineries and storages, as well as increase the varieties available for commodities trading. The company also aims to work actively with other subsidiaries of the corporation to build a comprehensive industrial chain for the import and export of products. We strive to uphold the corporate values of “Simplicity, Transparency, Responsibility, and Progressiveness”, and wholeheartedly welcome local and foreign entrepreneurs to establish business negotiations and cooperation with us.
CCFT Singapore has currently been registered in the databases of most major local suppliers in Singapore, Malaysia, Indonesia, Vietnam, Korea, Russia, Ukraine, Turkey, Europe, U.S. and Canada, is qualified for CNF and FOB trading. Some of our trading partners are as follow: