Welcome, Noor.
This is your SCOUT desk. You're Registered. A short call makes you Verified.
Welcome, Malik.
Nothing here is set up yet, and that is deliberate. What you tell the desk over the next fortnight is what it becomes.
Welcome back, Malik.
Fourteen days in. The desk has built itself around the work you described.
Knows Al Rukn Foodstuff, and nothing else yet
Knows your company, its papers, its counterparties, your currencies and how you work
Knows your company and your paperwork
- AL-4471 Serra Verde AlimentosSantos to Jebel Ali Reply drafted for Rafael Moreira2 hours ago 5 Octin 24 days Needs you
- AL-4468 FrigorÃfico Santa RosaItajaí to Khalifa Port Health certificate expires ThursdayFlagged 3 days ago 19 Sepin 8 days Needs you
- AL-4474 Coopercarne ParanáParanaguá to Jebel Ali A copy did not match the sealed originalYesterday 21 Sepin 10 days Attention
- AL-4476 Serra Verde AlimentosSantos to Jebel Ali Certificate checked, it matched2 days ago 28 Sepin 17 days On track
- AL-4477 FrigorÃfico Santa RosaSantos to Khalifa Port Loading at SantosToday 13 Octin 32 days On track
- Brazilian real to the dollar5.4180firmer 1.2%
- Dollar to the dirham3.6725pegged
- Euro to the dirham3.9410down 0.4%
AL-4477 settles in nine days, in reais. The real has firmed 1.2 per cent this week, which is 18,400 USD on top of what the desk booked at contract.
- Three month EIBOR4.18%down 0.06
- Overnight SOFR4.32%steady
- Your working capital line6.05%resets 2 October
Holding AL-4468 and AL-4474 to landing costs 9,200 AED at today's cost of money.
- Issued40
- Cleared the schema first time3895 per cent
- Came back2both drafted
Nothing cleared first time in your first week. The desk learned the schema from the ones that came back and writes it in now.
- Days holding stock34steady
- Days waiting to be paid47down 11
- Days before you pay20steady
61 days, down from 72 a fortnight ago. The eleven came off waiting to be paid, when the desk started issuing on the bill of lading date instead of on landing.
2,232,000 reais to Frigorífico Santa Rosa, due in nine days
Your treasury planner recommendsCover sixty per cent forward at 5.44 and settle the rest on landing. It holds the margin at 11.2 per cent whichever way the real moves in the next nine days.
You and David are both on this. Three other routes were costed.
They have asked for thirty days. You pay at forty-five today.
Your treasury planner recommendsTake thirty days against a settlement discount of one and a half per cent. It is worth 6,300 USD a load and costs you four days of working capital.
David has to agree it with Serra Verde. Two other answers were costed.