SPZI: Five New Fully Executed Commodity Contracts; Year to Date Total $303 Million
The nine commodity contracts are the cumulative total that includes the previous commodity announced in December 2023.
- The nine commodity contracts are the cumulative total that includes the previous commodity announced in December 2023.
- JP Energy Global commands approximately an 18% gross profit margin while minimizing risk since there is no currency risk – all transactions are in US dollars.
- The performance bond, coupled with the documentary letter of credit, facilitates the payment to JP Energy Global, PTE, LTD.
- JP Energy Global, PTE, LTD is registered with the Overseas Exporters of Imported Foods with the General Administration of China Customs.