Predira - coal trading
The opportunity
Trading physical coal can be complex due to the number of specifications
within the coal products that can impact a deal. Additionally,
large assignments of coal that are traded via established markets
can leave customers with leftover quantities of coal where the specification
and weight make it extremely hard to sell.
Predira asked us to build a product to provide a more effective way for
traders to communicate and agree on coal specifications when trading, and
to also fill the gap left by the established markets by providing a means
for customers to buy and sell their odd leftover lots of coal.
The solution
In partnership with AnySpec, a logistics specialist for the Australian coal industry, we created a product to allow for the negotiation and agreement of physical coal trades for six distinct coal specifications.
UVD has once again delivered the quality work I have known them for ever since we started working together.
- Cedric Bernadac, Managing Director at Predira
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