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Frequently Asked Questions
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FTNX FAQ SECTION 2025/26
Political comments
will no longer be applied on the FAQ section unless it is relevant to the nature of business being applied. USCT members
who have a service
to promote an active
business deal for
other USCT members to see, may forward a basic outline
of the service or buy /sell
inquiry. 5 Lines or less are offered,
with the USCT member email
address and USCT number being served at the end of the sourcing
inquiry, so relevant others may make direct
contact with the person posting the inquiry/service sought. In general FAQ is about keeping
end buyers, suppliers and USCT
members up to date with important matters of trade or sourcing
requests. FTNX is only servicing /heading very large revolving contract inquiries from the 1 July 2025 as it concentrates on its own investment project.
FTNX will retire from the industry in late 2026. This aspect is to propagate as an online
string which is able to carry on supporting the FTNX
doctrine of trade
where smaller deals are apparent
as FTNX reduces its online
trading presence. Please ensure
broad details are provided
in where confidential
aspects are not posted. If accepted, FTNX will post the inquiry
within 24 hours. If not suitable, on merit,
it won’t be posted.
This aspect will stand for 2025,
and be reviewed in 2026.
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FTNX TRADES: 2025/26
FTNX TRADES: 2025/26
FTNX TRADING 2025
2 JULY 2025
With the new business year upon us, the 2025/26 business period will continue to be hectic and confusing, in my opinion, due directly to Trump leading the US administration, and his association with the Israeli war and the illegal bombing of Iran. Preferential CO will need to be sourced by importers who have a ‘prefered ‘ status with countries imposing high tariffs on imports where such preferred customers have reduction on import tariffs payable. This is how it used to be. Unfortunately long preferred customers and even allies have no sway under the current mis-sguided US administration. Crude oil deals keep on landing on FTNX desk, alas, all from countries bearing western sanction- said sanction that FTNX could not find legal ways to override- except one. Crude oil bearing sanctions if the oil changed ” however slight” and re-exported from a country bearing no sanctions as supported by a certificate of origin is the only complex, but viable manner to buy and sell such goods-legally. We have had 4 inquiries pertaining to investment projects, one was based on preparing a report to mine coal out of Nigeria-which proved unviable. As for commodities, again Copper wire and Cathodes from Iran keep drifting into our inbox; which we cannot touch due to sanctions. Fake AU offer are also on the rise. Investment in LNG gas projects, supplying LNG to small but emerging countries may prove a viable concept, where the use of LNG carriers, which are in short supply may not be needed instead a interactive tank farm using ‘snap on’ 20 MT interchangebale cylinders, as offloaded and loaded onto a ship, might prove a viable aspect as a few cylinders of LNG can serve tens of thousands of homes for months with a cheap and friendly souce of energy. FTNX will keep you posted on this matter we are working with - as a side deal. Stupid and ill Informed intermediaries are still found online but in reduced numbers thanks to the FTNX doctrine of trade. With the precarious state of US banks and with increased status of Europe - FTNX will concentrate its trading efforts on large revolving contracts secured from STH America markets , ECC,China and Africa, for selling into southern hemisphere marketplaceand inwhere the currency of the suppliers country could be used instead of USD to buy such goods. The most popular products that can still be effectively sourced are Cattle feed, fertilizers, chemicals, metals and ores and some agricultural products as such products are becoming more difficult to source again thanks to short sighted entities and politics as concerns about food shortages are becoming evident. As this time I would not waste a great amount of effort sourcing fuel /fuels as a main trading aspect, but as side deal. A lot of fake dealings to do with financial instruments have popped up again and are ongoing. Reminder! - without a security license, delving into such instruments is illegal in most democratic countries. In 2025/26 FTNX is allowing all those with a USCT number issued by FTNX and have been trading since 2020 onwards ( last 5 years) to prepare, and offer an OTS to FTNX, if FTNX is closing on such a deal. Members pre 2020, may also apply, on merit at our discretion. USCT members doing as much may apply for new FTNX library codes, after reading the new 2025 FTNX website.The new FTNX website in 2025, is now aiming at confused suppliers and end buyers as there is so much ‘dumbness’ spreading all around the world as new players take over an established export business. I have seen some legal cases in 2024 relevant to commodity dealings, that have cost the end buyers greatly; for simple mistakes that would have not happened if the end buyer closed the deal directly with FTNX or a USCT member. The time to apply the rule of laws and strict procedures is now upon us- applying anything less is deemed a high risk transaction. The skill set of experienced PCTs are now on display. As for FTNX- The investment project Zehedbike is a FTNX investment project, in this light, FTNX will retire from the trading aspect from late 2026 to work on finalising the investment project. USCT members who think they may be able to enact on a commodity deal with FTNX, may secure one supplier in 2025 and present it for our considerations in which, their USCT status is apparent when soucuring goods, and that FTNX is disclosed to be the ‘buyer.’ The FTNX website will grow in the next few months on the new reset, as such, while USCT members will be able to read the site effectively ,and do not need assistance to do so. the FTNX website is focusing on educating end buyer and suppliers, as an effort to increase FTNX business scope on large deals, for the 2025/2026 trading year.
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