date:May 12, 2014
owever, some trading firms relax the requirement and are willing to accept deposits, particular from established clients.
The Marubeni official said difficult market conditions had forced it to divert some ships initially earmarked for China and suspend loading of others docked in Brazil because of delays in receiving LCs, in order to give the trading firm time to find alternative buyers and minimize losses.
The official said the company, which trades under the names of Gavilon and Columbia Gr