BLB Commodities
BLB Commodities, founded in 2003 and headquartered in New Delhi, specializes in the import and export of commodities and commodity exchange futures trading. The company, with a team of 15, holds memberships in leading Indian commodity exchanges and manages a strong sourcing network across major commodity-growing states.
Company Overview
BLB Commodities is a privately held company founded in 2003, headquartered in New Delhi, India. The company operates within the Import & Export industry and is classified as a small business with a team size of 15. BLB Commodities specializes in the export and import of various commodities, focusing on grains and pulses. The company has established a strong sourcing network across major commodity growing states in India, facilitating efficient procurement from low-cost producer markets.
Memberships and Affiliations
BLB Commodities holds memberships with leading commodity exchanges in India, including NCDEX, MCX, ACE, ICEX, and NSEL. The company also has trade registrations and affiliations with several regulatory bodies, such as ISO 9001:2008, U.S. FDA, Spice Board of India, APEDA, NAFED, and IOPEPC. These memberships and affiliations enhance the company's credibility and operational capabilities in the commodities market.
Trading Activities
The company engages in physically trading grains and pulses, which involves procuring these commodities from low-cost producer markets and distributing them to high-demand consumer markets. BLB Commodities also specializes in commodity exchange futures trading, contributing to its operational scope within the commodities sector. The annual exchange trading turnover for FY 2010-11 was USD 2.5 billion, indicating the scale of its trading activities.
Sector
BLB Commodities operates in the Import & Export sector, focusing primarily on commodities such as grains and pulses. The company plays a significant role in the supply chain by connecting producers with consumers, thereby facilitating trade within the agricultural commodities market. Its activities contribute to the overall dynamics of commodity trading in India.
History
Founded in 2003, BLB Commodities has developed a robust presence in the commodities market over the years. The company has expanded its operations and established a strong sourcing network, allowing it to effectively trade in various commodities. Its growth trajectory reflects its commitment to facilitating trade and meeting market demands.