Retail Market – Fungible Goods

Within the Fungible Goods trading floor, buying and selling auctions take place for any fungible good which is not commonly traded enough to warrant a specialised trading floor.

Among products available within the Fungible good trading floor you can find:

Mineral water, still or sparkling, baked goods, butchery products, dairy products, canned foods, etc.

Solid fuels used for heating such as: Fire wood, briquettes, pellets, sawdust, etc.

Chemical products for various uses: urea, defrosting chemicals, calcium chloride, water treatment chemicals, agricultural fertilisers, etc.

Various products used for auto parc maintenance: tires, technical oils, antifreeze, etc.

Precious metals: gold, silver, palladium, etc.

The main advantages resulted from accessing the Fungible Goods section of the Retail market refer to:

  • Advantageous price– Resulted from an organised system as a direct product of supply and demand. Using the price negotiation within the live or electronic auction offers the possibility of further price improvement compared to the initial best offered price. If the obtained price does not fall between your highest accepted price, the possibility of negotiating with only the best price bidder exists within the trading session, without having to repeat the procedure;
  • Reduced amount of time for procedure completion– The order is scheduled for trade within maximum 7 days from the date of issue;
  • RCE quotes– These offer the advantage of a reference system with regards to the prices within the market available through RCE;
  • The exchange guarantee system- executing the contract in good conditions using the utilised system as well as careful bidder selection before admission to the trading sessions.
  • Large number of existent bidders due to the large quantities traded at the total market level;
  • Efficient time and effort management related to the capitalization or acquisition of products;
  • Elimination of bureaucracy related to classic public acquisitions through commodity standardization and reduction of the amount of needed documents.