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Milestones, updates and perspectives from Comet Trading.

Company Milestones

Marking the moments that define us

From our founding in Geneva to expanding into new commodity verticals, these are the moments that have shaped Comet Trading into the independent, trusted partner we are today.

Comet Trading founded in Geneva
January 2017, Founding

Comet Trading founded in Geneva

Built on 30+ years of commodity-trading experience, Comet Trading S.A. was established in Geneva, the world's leading commodity-trading hub, as an independent, family-owned trading house focused on strategic industrial commodities.

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Expansion into fertilizers
2024, New Vertical

Expansion into the fertilizers market

In 2024, Comet Trading entered the agricultural commodities sector, adding a fertilizers vertical covering urea, DAP, MAP, SOP, SSP, phosphate rock and sulphur, extending our global sourcing network to support food-security supply chains.

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IIMA membership
Industry, Membership

Member of the IIMA, International Iron Metallics Association

Comet Trading holds membership of the IIMA, the global trade association representing producers and traders of iron metallics including HBI and DRI, reinforcing our commitment to transparency and best practice within the steel raw materials sector.

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Origins in cement and steel
Heritage, Origins

Rooted in cement and steel

Comet Trading grew from deep roots in the cement and steel industries, the twin verticals that shaped our founding team's expertise long before 2017 and still anchor our business today.

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Trading hubs across four continents
Network, Hubs

Trading hubs across four continents

From our Geneva headquarters, Comet Trading operates trading hubs in Cairo, Shanghai, Dubai and London, supported by commercial representatives active in more than 14 countries.

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Building the solid fuels desk
Growth, Solid Fuels

Building the solid fuels desk

Comet Trading expanded into solid fuels, trading thermal coal and petroleum coke with optimisation and blending expertise for industrial and cement-sector end-users.

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Insight

The role of Geneva in global commodity trading

Geneva has long served as the nerve centre of the global physical commodities trade. Its concentration of trading houses, financial institutions, logistics providers and legal expertise creates an unmatched ecosystem for international trade operations. For Comet Trading, headquartered on Rue du Rhône, Geneva is not simply an address, it is a strategic advantage that underpins every transaction we facilitate across four continents.

Physical commodity traders based in Geneva sit at the intersection of producing regions, mines, mills and processing plants, and industrial end-users worldwide. They manage sourcing, hedging, logistics coordination, trade finance and risk, compressing complexity for both buyers and sellers. This integrated model is precisely how Comet Trading approaches each engagement.

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Geneva commodity trading hub
Geneva, Switzerland
Perspectives

Navigating the commodity landscape

Our trading teams operate across steel, cement, solid fuels and fertilizers, sectors at the heart of global infrastructure and food security. Below are some of the broader themes shaping our markets.

⚙

Steel's Decarbonisation Path

The steel industry faces mounting pressure to reduce carbon intensity. The shift from blast-furnace to electric arc furnace production, and the growing role of HBI and DRI as clean feedstocks, is reshaping raw material demand and creating new trading opportunities for specialist intermediaries.

🌾

Fertilizers and Food Security

Global population growth and supply-chain disruptions have elevated fertilizer trade to strategic importance. Physical traders who can source reliably across multiple origins, manage logistics complexity and provide financing solutions are increasingly valued by agricultural importers worldwide.

🔗

Trade Finance in Volatile Markets

Price volatility, geopolitical shifts and tightening bank credit conditions have made trade finance expertise central to successful commodity operations. Structured solutions, including letters of credit, documentary collections and pre-export financing, are essential tools for managing counterparty and payment risk.

🏗

Cement and the Construction Cycle

Urbanisation and infrastructure investment across Africa, the Middle East and Asia continue to drive cement and clinker demand. Connecting surplus production with deficit markets, and managing the logistics of bulk and bagged shipments, keeps construction supply chains moving.

⚡

Solid Fuels in Transition

Even as the energy mix evolves, thermal coal and petroleum coke remain essential inputs for power generation and the cement industry in many regions. Blending and quality optimisation help end-users balance cost, calorific value and compliance.

🚢

Resilient Logistics

Disruptions to shipping lanes and freight markets have made logistics agility a competitive advantage. Coordinating vessels, ports and inland transport across major trade routes is central to delivering reliable supply, on spec and on time.

2017
Year Founded
4
Commodity Verticals
14+
Countries with Commercial Presence
4
Continents Covered
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