S.A.N.C.E.

 Welcome to S.A.N.C.E.

SOUTH AFRICAN NATIONAL COMMODITY EXCHANGE

Join us as we assist each other in the National and International Commodity trade and as we look after the Interests of the South African Commodity Brokers, Buyers and Sellers.

Thank you for visiting "The SOUTH AFRICAN National Commodity Exchange", S.A.N.C.E (Pronounced SAANS). We make it possible and easy for those who has Commodities for sale to find Buyers, and for those wanting to Buy Commodities, to find Sellers, quickly and easily without the need to run around from Table Top Meeting to Table Top Meeting (TTM) looking for Product or Funds.

The National Commodity Exchange deal straight with either the Buyer, The Seller or their respective Mandate Holders (one person on either side).

The Focus of the Commodity Exchange is to set guidelines for a currently "unregulated" South African commodity industry.  Intermediaries and Mandate Holders are invited to register with S.A.N.C.E. (the Commodity Exchange). In return all registered Intermediaries receive a registration number and a Membership Card with your unique Membership Number. A special Web Page is also built for anyone wanting to verify Membership of individual S.A.N.C.E. members.

Registered S.A.N.C.E. Members receive preferential information from the National Commodity Exchange when we receive Product (POP) and Funds (POF). As Mines and Buyers are becoming more familiar with S.A.N.C.E. and since their experience with us is generally very positive, more and more mines and Buyers turn to us for assistance. International Buyers prefer to deal through accredited Groups like S.A.N.C.E. and it's members. Being part of S.A.N.C.E. create excellent opportunities for you!

The National Commodity Exchange Boasts with its own Board selected from some of the most experienced and most influential  commodity Brokers in South Africa.

The National Commodity Exchange strive to serve as a central base where Products and Funds meet. Many Buyers and Seller are running around trying to source either Product for their Money, or Funds for their product. They are messed around from meeting to meeting where either no POF (Proof of Funds) or POP (Proof of Products) exists.

The Commodity Exchange takes responsibility for assisting in verifying Proof of Product (pop) and Proof of Funds (pof) for our clients beforehand.  Once POP and POF have been 100% verified and confirmed, the Buyers and Sellers mandates will be contacted to arrange with the Buyers and Sellers to come to a once off TTM where final proof will be presented to both parties concerned, and the final signing of agreements will be arranged.

The Commodity Exchange will assist to draft the final contracts for signing, prepare the IMFPA's for signing by the Intermediaries and Mandate holders and be the paymaster securing the payments for all concerned on a monthly basis.

The Commodity Exchange offers a complete, "One Stop" Service and takes pride in assisting to get the Industry cleaned out.

To verify your POP or POF today, feel free to call Mr Kearney on 079 872 3339.

(The Commodity Exchange will not facilitate 15 people in boardroom meetings).

Your Proof of Funds or Product is registered in numerical order. Clients are served on a "First Come, First Served" Basis. This means that the sooner you register your Funds or Products with us, the sooner we will be able to close a deal for you.

The Fact is: You will find what you are looking for through us!

Intermediaries interested to make quick money simply because of their presence in meetings, and who are not involved in doing the hard work involved in commodity trading will be facilitated as referral agents. Referring agents will be rewarded handsomely with a "Once Off Referral Commission".

Join S.A.N.C.E. now

We invite all Intermediaries to register as Intermediaries with the Commodity Exchange (S.A.N.C.E.) You will be allocated with a registration number and your own unique Membership Card. The Annual Fee is R1500.

For this you will

a) Be notified FIRST when New Product, or Buyers with Funds, register with S.A.N.C.E.

b) Receive a regular Email update with Product, information, news and updates

c) You will Automatically, when registering be accredited as a S.A.N.C.E. Affiliate

d) We offer assistance to conclude transactions

e) We offer training to SANCE Members on different subjects of interest (individual courses normally cost between R500-R750 per course)

f) We will forward you your Special Membership Card containing your S.A.N.C.E. Membership number, ID Number and Photograph, stamped by S.A.N.C.E.

g) As a S.A.N.C.E. member you may use your S.A.N.C.E. membership Number on your Letterheads, emails and Business Cards.

h) You will be invited to Join our Circle of Senior commodity Brokers. We have regular meetings where available Product, methods to Market Products, Advertising of Products, names of people not to be trusted and why, market trends etc. etc. are discussed.  We will also be inviting specialists in their fields to briefly address the meeting on various subjects of Interest such as RBCT, Coal, Mining, Chrome, Manganese, Rail allocations and how it works and other problems and solutions in the Industry. These meetings normally happen either in Johannesburg, Centurion or Pretoria.

More detailed Benefits of SANCE membership are available at www.SANCE.co.za/Benefits


On Offer

1. Chrome (this page is updated on a regular basis)

2. Coal  FOB/FOT, A Grade Coal and C Grade Coal for sale (this page is updated on a regular basis)

3. Gold and Diamonds (minimum 1000 ct per month on contract is Currently available in Jhb, South Africa)

4. Indonesian Coal on offer - FOB from $91

5. Manganese wanted and for sale

6. Iron Ore wanted and for sale

7. Mines wanted and for sale

8. American Steam Coal from $90 per m/ton


Articles: Why Ghost Coal? Written by Louis Kearney (Chairman of S.A.N.C.E.)

              Illegal Practices in Commodities Written by Louis Kearney (Chairman of S.A.N.C.E.)


Our LOI Requirements

Blacklisting and SANCE

Our Signed Coal NCNDA (Select "Save as" option and Edit on your PC)

Our Signed Chrome NCNDA (Select "Save as" option and Edit on your PC)

AA Agreement -The Single point of accountability Agreement (Select "Save as" option and Edit on your PC)

The Benefits of joining S.A.N.C.E.

S.A.N.C.E. Code of Conduct

Join S.A.N.C.E. now

Our views on Commissions to Commodity Brokers internationally

What is a NCNDA document?

What is a IMFPA document?


 Contact Louis Kearney  on 079 872 3339 during office hours
Office: 012-751 6050 (Neotel)
Fax: 0866 124 303