International trade, Republic of Panama

Metal, sourced and moved.

Barela Trading is a Panama-based trading house working in the international brokerage and physical trading of metals. We connect producers, refiners and end buyers, and we stay with the transaction until the material and the money have both moved.

GoldDoré, bullionLBMA basis
CopperConc, cathode, scrapLME Grade A
SteelBillet, coil, scrapIndex linked
AluminiumIngot, billet, scrapLME P1020
IncotermsFOB, CFR, CIF
PaymentLC at sight, DLC, TT
InspectionSGS, Bureau Veritas, Alfred H Knight
Load portsBalboa, Colón, regional origin
01 / About

A trading house built for physical markets

Barela Trading operates from the Republic of Panama, licensed for the trading and commercialization of goods and services, covering the buying, selling, import, export, distribution and brokerage of commodities for international markets.

Our focus is narrow by design: metals, from precious through to industrial. We act as broker and agent between producers and buyers today, with the structure in place to trade on our own account as counterparty relationships mature.

Panama gives us a natural base for the work. Two oceans, the Canal, a dollarized economy and one of the most connected logistics hubs in the Americas, all within reach of Latin American origin and global demand.

Jurisdiction
Republic of Panama
Licensed activity
Trading & commercialization of goods & services
Scope
Import, export, brokerage, agency
Focus
Precious and industrial metals
Coverage
Latin America, global demand centers
02 / What we do

Three ways we work

Brokerage and agency

We connect producers, smelters and refiners with qualified buyers, structuring transactions from first indication through to executed contract. Discreet, documented, and aligned with both sides of the trade.

Physical trading

Purchase and resale of metal on our own account, building from back to back transactions toward held positions as volumes and relationships grow.

Trade execution

Coordination of the moving parts around a physical trade: inspection and assay, documentation, Incoterms, shipping from Panama's Atlantic and Pacific ports, and settlement.

03 / Commodities

What we trade

Au Gold Doré bars and refined bullion out of Latin American origin, moved to refiners and institutional buyers under inspection and full chain of custody. DORÉ / BULLIONLBMA basis
Cu Copper The backbone of electrification. We work across the chain: concentrates, blister, cathodes and high grade scrap, sourced primarily from regional producers. CONC / CATHODE / SCRAPLME Grade A
Fe Steel Long and flat products for construction and industry, including billet, rebar, wire rod and hot rolled coil, alongside ferrous scrap for the mills. BILLET / REBAR / HRC / SCRAPIndex linked
Al Aluminium Primary ingot and billet for extruders and rollers, plus sorted secondary grades such as UBC, 6063 extrusion and mixed sheet. INGOT / BILLET / SCRAPLME P1020

Specifications, assay requirements and quantities are handled case by case. Enquiries are welcome for metals not listed here.

04 / Approach

How a trade moves

  1. 01

    Sourcing

    We qualify counterparties and material at origin, checking provenance, specification and the capacity to actually deliver, before anything reaches a buyer's desk.

  2. 02

    Due diligence

    Independent inspection and assay, documentary checks and compliance screening on every transaction. Trust in this business is built on verification.

  3. 03

    Contract

    Clear terms on quality, quantity, pricing basis, Incoterms and payment instruments, structured so both sides know exactly what they have agreed to.

  4. 04

    Execution

    Logistics, documentation and settlement coordinated through to delivery. A trade is only done when the material and the money have both arrived.

05 / Contact

Tell us about your material

Producer looking for reliable offtake, buyer sourcing specification material, or a counterpart exploring a brokered transaction: send the details and we will come back to you quickly.

project@barelatrading.com
COMPANYBarela Trading
LOCATIONPanama City, Panama
LANGUAGESEnglish, Español