Far East Commodities Sa

Name

Far East Commodities Sa

Legal name

Far East Commodities SA

Website

https://fareastcommodities.com.sg

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Commodity Trading

NAICS

Grain and Field Bean Merchant Wholesalers (424510), Other Farm Product Raw Material Merchant Wholesalers (424590)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Bulk Ingredient Logistics, Storage & Transloading (Food Commodities) (AFAIAKAM)

akta.pro secondary industries

Grain & Oilseed Trading/Wholesale (AFAIAKAA), Import/Export & Cross-Border Food Commodity Trading (AFAIAKAL), Rail Bulk Commodities Forwarding (Grain, Minerals, Coal, Chemicals) (TLACADAI)

Keywords

• Physical commodity trading
• Dry bulk commodities
• Biofuel trading
• Energy supply chain
• Refined petroleum products

Headquarters

HQ city

Geneva

HQ country

Switzerland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Commodity Trading: The company generates revenue through trading physical commodities including coal, biofuels, gasoline/gasoil, and other energy commodities. Revenue is generated through margin optimization on trade operations, managing deliveries efficiently, maximizing trade volumes, and securing favorable payment terms from suppliers. The company also provides funding solutions to suppliers as part of its trading model.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

Far East Commodities SA is an integrated multi-commodity trader that sources physical energy commodities (metallurgical and steam coal, biofuels, gasoil, and kerosene) from accurately selected projects and delivers them to business customers. The company provides end-to-end supply chain services including working capital funding for suppliers, inland transportation, storage management, cargo handling, and shipping, with a focus on certified sustainable biofuel trade.

Product overview

Far East Commodities SA operates as a multi-commodity integrated trading business covering the full supply chain from procurement to end-user delivery. The company offers four interconnected product lines: Dry Bulk Commodities Trading (metallurgical and steam coal), Biofuels Trading (INS and ISCC certified), Gasoline and Refined Products Trading (gasoil and kerosene), and Renewable Energy Business Development (wood pellets and feedstock). The core offering is physical commodity trading with integrated services including funding solutions, logistics management, risk management, and supply chain control from origin to delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• Dry Bulk Commodities Trading International trading of dry bulk commodities at origin, providing funding solutions to suppliers and risk management operations. The company trades metallurgical and steam coal from Indonesia, Australia, and South America for power generation companies and industrial users.
• Biofuels Trading Trading of biofuels including Palm Oil Mill Effluent (POME) with INS certification for export to Italy, and ISCC-certified biofuel for export to Europe and the UK.
• Gasoline and Refined Products Trading International trading of gasoil, kerosene and other refined petroleum products sourced from South Korea, with main trading flow from South Korea to Mongolia.
• Renewable Energy Business Development Development of new trades within the renewable energy market including offtake of ISCC biofuel, INS feedstock, and Indonesian wood pellets for export to Europe, Italy, New Zealand, and South Korea.

Quantifiable outcome

• Traded 2.3 million tonnes of commodities with USD 300 million turnover in 2023
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• World E-bike Series (WES)minorGTM or Marketing Partner · 1 March 2021Far East Commodities sponsors the World E-bike Series, supporting the growing e-bike community. WES officially adhered to the United Nations' Sports for Climate Action Framework in March 2021. The company supports this industry as part of its sustainability commitment.
• Team Scodnik 49er FXminorGTM or Marketing Partner · 1 January 2020Partnership with Team Scodnik 49er FX sailing team for the 2020/2021 Sailing Season. Built on shared values of leadership, passion, innovation, and environmental respect.
• TrafiguracoreStrategic or Co-development PartnerFar East Commodities partners with Trafigura for international trading operations of gasoil, kerosene, and other refined products from South Korea. The partnership enables sourcing of gasoil from South Korea to Mongolia and supports the expansion of the refined products business unit.
• INS (Italian National Scheme)coreStrategic or Co-development PartnerFar East Commodities participates in the Italian National Scheme sustainability system for biofuels. The company signed a long-term contract to deliver Indonesian feedstock (Palm Oil Mill Effluent) with INS certification into Italy during 2024.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Gunvor Group: Independent Geneva-based commodity trader with a coal, oil, and refined-products book and growing renewable/ESG-aligned activities. Direct peer given shared Swiss domicile, similar product mix, and overlapping trading corridors in Asia and the Atlantic basin.
• Trafigura: One of the world's largest independent commodity traders with a diversified metals, minerals, and energy book. Trafigura is FEC's explicit strategic partner for refined-products flows from South Korea, and operates a comparable physical trading model across coal, biofuels, and petroleum — making it the closest structural comparable.
• Hartree Partners: New York-based commodities merchant and energy trader with operations across coal, refined products, and environmental products. Hartree's hybrid physical-plus-financial structure and recent biofuel investments make it a useful analogue for a mid-sized merchant pivoting toward sustainability.
• Mercuria Energy Group: Mid-sized independent energy and commodities trader headquartered in Geneva, focused on crude, refined products, coal, and increasingly biofuels. Similar business model to FEC — physical flow trading with supplier financing — and a useful scale benchmark for what a small but established Geneva trader can grow into.

Broad incumbents

• Glencore: Global mining and commodity trading major with a dominant metallurgical and thermal coal franchise plus growing biofuel interests. As a broad incumbent, Glencore represents both a major counterparty (and potential competitor) for FEC's coal flows and a benchmark for transition strategy execution.
• Neste: World's largest producer of renewable diesel and sustainable aviation fuel from waste and residues including POME. Relevant broad incumbent given FEC's emerging INS-certified POME flow into Italy — Neste is both a potential buyer of FEC's feedstock and a competitor for downstream offtake volumes.
• Vitol: The world's largest independent energy trader with a deep coal and refined-products franchise plus growing low-carbon investments. Vitol is the broad incumbent against which mid-tier traders like FEC compete for cargoes, offtakes, and credit lines, and represents the upper-bound scale benchmark.

Others

• Argus Media: Independent price reporting agency and commodities research firm covering coal, biofuels, and petroleum markets. Useful as an information-services peer given FEC's reliance on price benchmarks for its trading margins, and as a marker of the broader commodities ecosystem in which FEC operates.

Regional players

• Adani Enterprises: Indian conglomerate with large Indonesian coal mining assets and trading operations across metallurgical and thermal coal. A relevant regional peer given FEC's sourcing concentration in Indonesia and shared exposure to Asian thermal coal demand.

Peers

• Argus Coalindo:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/farestcommodities

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Far East Commodities Sa