Delivery Of Actuals
Benefits of spot delivery
1. The Spot Delivery rule provides sellers with the option to choose global ports for delivery of their commodities, increasing flexibility and choice.
2. Spot transactions involve immediate delivery and settlement of the physical commodity at the current market price, which is real-time and efficient.
3. Spot delivery simplifies the procurement process by having the parties provide the commodity directly at the time of the transaction and improves the efficiency of the transaction by eliminating the need to wait or deal with a lengthy transaction process.