The raw materials market, both in the primary and secondary sectors, traditionally presents, as an operational logic, professional intermediation that works correctly. At the same time, there is a large number of speculators (autonomous or legally established elements) who use a supposed business offer to deceive people and companies to obtain data. This purpose, presented with false expectations, serves to appropriate documents with the purpose of generating a network for fraud in a huge global market, which moves billions of dollars worldwide, and which is often unprotected by security mechanisms. Thus, all those who want to work seriously unfortunately end up involved in dangerous and compromising negotiation nuances.

How does this all work and what does PHI bring to the market?

In the global market, excluding reliable companies and intermediaries, there is an extremely predatory culture that compromises the credibility of the sector as a whole. Fake trading companies and unscrupulous intermediaries prepare documents (sometimes well prepared) with purchase intention (LOI or ICPO) or product offers (SCO or FCO) and launch non-existent offers on the market. These documents are bait to attract real buyers or suppliers with varying objectives. The main one is the expansion of purchase or supply portfolios for future business with the intention of by-pass to exclude the network that brought the business from commissions. Once the desired data is obtained, all kinds of excuses are presented for the decline of the supposed business, which, in turn, is not carried out. This is common and leads to great frustration in the expectations of those who believed in the existence of the business. Another common practice of speculation concerns meetings, which are invariably unproductive and are only used for discussions and recording members' telephone numbers and names with a view to future approaches.

For many years now, the presence of intermediation has been beneficial to the market, bringing together those who want to sell and those who want to buy. However, with globalization and varied communication facilities, our privacy is invaded in a variety of ways every day. In the commodities market, this is no different. Companies inserted in this context are reached by increasingly attractive, but often false, proposals. Anyone who wants to do business, in our understanding, must prove that they have the means to do so, both to buy and to sell.

Based on these findings about the security and qualification needs in the buying and selling processes in the commodities market, PHI was born. Created using a cutting-edge technological structure to offer total security for those who buy and those who wish to sell within the system, absolutely everything that happens in the PHI environment is recorded and the businesses carried out there are protected and encrypted.

We began operating in the global market in April 2023. Since then, we have had 1.5 million accesses and 250 thousand new users. During this period, all attempts to speculate or present a non-existent business were detected. How is this possible? With the rigorous application of resources such as regulation, financial investigation, compliance and due diligence. A demonstration of how seriously this business wants to operate and is tired of seeing good names unfairly lose credibility is that, since we adopted the compliance policy for buying and selling, interest in operating through PHI has grown by more than 30% .

Based on the association with regulatory entities, such as the International Chamber of Commerce – ICC, and compliance with Dun&Bradstreet, the largest compliance company in the world, PHI manages and investigates the operation at all ends to ensure that the business be carried out successfully, in complete safety. When registering with PHI, the customer now has their exclusive store to carry out their buying and selling business, safely, with PHI. To do this, it is necessary to register with Dun&Bradstreet via PHI and receive the DUNS code.