Global Commodity Trade. Zero Compromises.
Obsidian Corp. is a Dubai-based commodity trading company connecting verified buyers with verified sellers across global petroleum, chemical, and metal markets. We never request upfront payments. Bank-to-bank verification is required before Proof of Product is released.
All products sourced from non-sanctioned origins. Available on FOB and CIF terms. Documentation compliant with international trade standards.
European-grade ultra-low sulphur diesel meeting full EN590 specifications. Suitable for end users across Europe, West Africa, and emerging markets.
High-grade granular and prilled urea for agricultural and industrial applications. Consistent nitrogen content with broad global distribution capability.
Granular and crushed lump sulfur for fertilizer production, chemical processing, and industrial applications. High-purity grades available in bulk vessels.
LME Grade A copper cathodes conforming to BS EN 1978:1998. Sourced from certified refineries for wire rod, cable, and alloy manufacturing.
High-purity A7 aluminium ingots for foundries, casting, and secondary smelting. Consistent specification with certified material test reports on request.
We facilitate trade across a range of commodities. Contact us with your specification and volume requirements.
Get in TouchWe support both primary petroleum delivery modes, managed under internationally recognised terminal and port procedures.
Product is transferred directly from the seller's storage tank into the buyer's designated receiving tank, typically within the same terminal or port facility. TTT operations are confirmed via independent meter readings and supervised by mutually agreed inspectors (SGS or equivalent).
Product is loaded directly from the seller's storage tank into the buyer's nominated vessel at the agreed load port. TTV operations require the vessel's Q88 questionnaire and Tank Status Report (TSR) to be presented and approved prior to commencement of loading operations.
Our trading procedure is built around one principle: no party is disadvantaged. Buyers prove capability through their banking institution before any sensitive documentation is released. Sellers are protected from time-wasters and unqualified intermediaries.
This is not bureaucracy — it is the standard by which serious international trade operates. We engage exclusively with counterparties who understand and respect bank-to-bank procedures. No chains of brokers. No speculative requests. No upfront payments.
Delivery is conducted as Tank to Tank (TTT) or Tank to Vessel (TTV) at the agreed load port or terminal. Vessel Q88 and Tank Status Report (TSR) are required before injection commences.
Buyer submits a Letter of Intent (LOI) alongside their Corporate Information Sheet (CIS) confirming the buyer's identity, company details, and purchase intent.
Upon review of the LOI and CIS, the seller issues a Soft Corporate Offer (SCO) outlining indicative pricing, product availability, quantity, and delivery terms.
Buyer responds with a formal Irrevocable Corporate Purchase Order (ICPO), committing to the terms outlined in the SCO and confirming readiness to proceed.
Seller issues the Commercial Invoice against the ICPO, formalising the transaction value, product specifications, and payment terms for banking purposes.
Buyer transmits Proof of Funds directly to the supplier via bank-to-bank channels (MT199, MT799, SBLC, or DLC). No upfront payment — capability confirmation only.
Upon verified Proof of Funds, the seller releases full Proof of Product (POP) documentation — including a Fresh SGS Inspection Report, Certificate of Quality (CoQ), Tank Storage Receipt (TSR), and all other standard POP documents required to confirm product integrity and availability.
Buyer or their nominated vessel presents the Q88 vessel questionnaire and Tank Status Report (TSR), confirming tank readiness for injection — whether TTV (Tank to Vessel) or TTT (Tank to Tank).
Upon successful completion of product injection, payment is made in full and title of product is formally transferred to the buyer. Transaction is complete.
We exist to solve the single biggest problem in commodity trade: the inability to verify counterparty legitimacy before exposure.
No fees, no subscriptions, no advance charges before product documentation is shared. Our procedure is designed to protect buyers from fraudulent or unqualified operators.
We require MT199 or MT799 SWIFT bank-to-bank confirmation — refinery-accepted, non-operative instruments — before releasing any Proof of Product. This is the established international standard.
Proof of Product documentation — SGS quality reports, refinery authorisations, and specification sheets — is released only after confirmed buyer bank verification. No speculation, no exposure.
All commodities are sourced exclusively from fully compliant, non-sanctioned origins. We conduct rigorous due diligence on supply chain integrity as standard practice.
Our procedure filters out chains of unqualified brokers. We engage directly with end-buyers, mandate holders, and sellers who operate within established international banking frameworks.
We offer full flexibility in delivery terms — FOB for buyers managing their own logistics, or CIF for a complete delivered solution including freight and insurance to destination port.
Plain-English definitions of the SWIFT codes, Incoterms, and trade documents you will encounter when working with Obsidian Corp.
Direct answers to the questions buyers, sellers, and intermediaries most often raise.
MT199 and MT799 are SWIFT interbank messaging formats. MT799 is a bank-to-bank message confirming that a buyer has sufficient funds to proceed; MT199 is used for general bank communication. Neither instrument moves funds — they are non-operative confirmations. Obsidian Corp. requires them because they represent the international standard for verifying buyer capability before sensitive Proof of Product documentation is released.
A DLC (Documentary Letter of Credit) is a payment instrument issued by a buyer's bank guaranteeing payment to the seller upon presentation of compliant shipping documents. An SBLC (Standby Letter of Credit, transmitted via SWIFT MT760) is a guarantee of payment if the buyer fails to fulfil their contractual obligation. Both are standard instruments in international commodity trade.
POP stands for Proof of Product. It includes the product specification sheet, SGS quality inspection report, refinery authorisation letter, and other documents confirming product existence and availability. Obsidian Corp. releases POP only after the buyer's bank has confirmed MT799 or equivalent bank-to-bank verification.
To initiate a trade, buyers submit: (1) an ICPO — Irrevocable Corporate Purchase Order specifying product, quantity, delivery terms, and target price; and (2) a BCL — Bank Comfort Letter from their bank confirming the banking relationship and intent.
Both. Under FOB, the buyer arranges freight from the load port. Under CIF, Obsidian Corp. covers freight and insurance to the named destination port. The applicable Incoterm is agreed during SPA negotiation.
No. All commodities facilitated by Obsidian Corp. are sourced exclusively from non-sanctioned origins, fully compliant with EU, US, and UN sanctions frameworks. Rigorous supply chain due diligence is conducted as standard.
No. Obsidian Corp. never requests advance fees, facilitation charges, or any form of payment before Proof of Product documents are released. Buyers demonstrate seriousness exclusively through their banking institution via MT199, MT799, SBLC, or DLC.
TTT (Tank to Tank) means product is transferred from the seller's storage tank into the buyer's designated receiving tank, typically within the same terminal. TTV (Tank to Vessel) means product is loaded directly from the seller's tank into the buyer's nominated vessel at the load port. Both modes require Q88 vessel questionnaire and TSR confirmation prior to loading or injection.
Obsidian Corp. is based in Dubai, United Arab Emirates, and serves buyers and sellers worldwide. The Dubai location provides direct access to Fujairah, Jurong, Rotterdam, Houston, and other major bunker and product hubs through established correspondent and logistics relationships.
Whether you are a buyer with verified funds, a seller seeking qualified offtakers, or a professional intermediary with a live deal — we want to hear from you. Complete the form and our team will respond within 24 hours.
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