UTA Products
International Trade & Development - , ,
UTA Products Employees
UTA Products Details
UTA Products offers an online trading platform to tobacco merchants, manufacturers and buyers dealing in surplus tobacco stock. We have uncommitted raw tobacco lots, production overruns and surplus stock available for tobacco buyers worldwide. Now traders have an opportunity to sell the surplus tobacco remaining on their balance sheets to the highest bidders. This is a paperless, digital trading platform designed for the post-pandemic environment. All transactions are handled remotely using our easy online platform which brings the widest range of tobacco buyers and sellers together. Tobacco traders can buy and sell with complete confidentiality and anonymity on a willing-buyer willing-seller basis without having to send representatives to an auction location. The UTA Products Exchange uses specialist tobacco brokers who have top quality product knowledge of the industry and who are able to give the best service to their clients.The first UTA was created in Antwerp, Belgium in 2006 by a group of tobacco veterans looking to inject new dynamism into the tobacco trade. Operating on thin margins, leaf merchants were then keen to minimize surplus tobaccos on their balance sheets. We leveraged the opportunity with our successful auction of surplus tobacco stock which we ran for 3 years. In the current pandemic environment, thin margins persist and surplus stock remains a drain on profitability in the tobacco industry. The UTA has recognized the urgent need for a post-pandemic online solution to replace traditional on-site auctions. We have now returned as an electronic market platform. Working in partnership with Eazitrade (electronic import & export solutions) and Andromeda Forwarding & Logistics, the UTA Products Exchange is proud to introduce its online exchange for trading in raw tobacco.For more information, contact info@utaproducts.com or visit www.utaproducts.com.
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