The case was related to a common type of disputes regarding the compensation of default losses. There is a well-known rule in the framework of GAFTA contracts providing for the right of the injured party to choose one of two options for compensating losses: a) to claim the difference between the contract and the market price of the goods, or b) the contract and resale price. The results of considering the case confirmed that the aggrieved party was not restricted in this choice. Even if the goods have been actually resold, the affected party has the right to claim for compensation of the difference between the contract and the market price of the goods, provided that such a position is more profitable for it.

As the result of legal position thoroughly prepared and detailed reasoning provided, tribunal of GAFTA arbitration has supported all claim demands of AGA Partners' client.