Mandate
Commodities sourcing and trade facilitation
Commodity trade, built on trust.
Crude oil and refined products lead our sourcing and facilitation desk. We also cover food grains, fertilizers, and pesticides across select trade routes.
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Commodity categories02
Distinct operating models01
Disciplined trade desk
Lead Category
Crude oil and refined products
Verified counterparty sourcing and structured trade facilitation for serious mandates.Verification
Counterparty led
Credibility checks come before introductions and document exchange.Execution
Trade disciplined
Commercial documents and payment instruments follow an agreed sequence.Commodities We Cover
Four categories. One clear operating model for each.
We lead with energy mandates and selectively extend our trading and sourcing network across essential agricultural inputs and food supply.
01Sourcing & facilitation
Crude Oil & Refined Products
Our lead category. We work from qualified mandates to source credible buyers or sellers and help structure the path toward a workable transaction.
02Direct trading available
Food Grains
Select food grains, including rice, may be traded directly by Hacoco as principal. Other enquiries are assessed by product and route.
03Sourcing & facilitation
Fertilizers
Counterparty sourcing and trade facilitation for defined fertilizer requirements, subject to specification, market, and compliance review.
04Sourcing & facilitation
Pesticides
Trade introductions for crop protection requirements where product registration, destination rules, and supplier capability are clear.
Energy Desk
Physical energy mandates require product precision.
A useful energy requirement is specific enough to be tested. Product, grade, volume, frequency, delivery basis, route, timeline and payment terms must form one coherent commercial brief.
Core energy desk
Priority refined products
Qualified mandates for EN590 10 ppm ULSD, Jet A-1 aviation turbine fuel and D6 virgin fuel oil form the core of the energy desk.Crude requirements
Grade-specific sourcing
Crude requirements are reviewed by grade, availability, loadport, laycan, destination acceptance and sanctions position. No grade named here implies current allocation.Broader refined slate
Product-led qualification
The desk may review gasoil, marine fuel, gasoline, LPG, LNG, naphtha, bitumen, base oil and petroleum coke where specification, route and mandate are clear.Delivery structures
Procedure follows the trade
CIF, CFR, FOB and selected tank-based structures each create different inspection, title-transfer and documentary requirements. The structure is tested before counterparties advance.Product references describe the desk's review scope only. Final quality, quantity, availability and performance are governed by contract and independent inspection.
How We Operate
Principal in one model. Facilitator in the other.
The distinction is explicit from the start because it determines who contracts, who performs, and how the trade progresses.
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Principal Model
Direct trading
For selected, easier-to-handle commodities, Hacoco may contract as the buyer or seller and execute the trade directly as principal.
- Typically applies to
- Currently relevant to select food grains such as rice, subject to product, volume, route, and commercial acceptance.
- Contracting relationship
- Your commercial contract is directly with Hacoco.
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Facilitation Model
Sourcing & trade facilitation
Hacoco qualifies the requirement, sources suitable counterparties, and supports the transaction path without acting as principal.
- Typically applies to
- The primary model for crude oil and refined products, fertilizers, pesticides, and other complex cross-border mandates.
- Contracting relationship
- The buyer and seller contract with each other. Hacoco facilitates the engagement.
Mandate Standard
We tell you what we are before we tell you anything else.
In a facilitation mandate, the buyer and seller contract directly and Hacoco does not take title. Hacoco acts as principal only where that role has been expressly agreed in writing before the transaction progresses.
Required before introduction
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Corporate KYC and identifiable principals
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Evidence of buyer, seller or mandate authority
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Defined product, specification and quantity
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Delivery basis, origin, destination and timeline
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Commercial capability and proposed payment path
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Sanctions, compliance and end-use position
Why Trade Discipline Matters
A credible offer is more than a price and a document.
Physical commodity transactions often fail on process before they fail on price. Counterparty capability, document consistency and payment terms must fit the commercial reality of the deal.
Our work begins with a properly framed requirement. We test the authority behind the mandate, review whether the transaction sequence can survive bank and compliance scrutiny, and control document circulation before time and credibility are spent.
A credible offer is more than a price and a document. It requires a counterparty that can perform, a procedure that holds and an instrument the receiving bank can accept.
Counterparty credibility
We look for evidence that the buyer can buy, the seller can supply, and the people presenting the mandate are authorised to do so.
Document consistency
Product, volume, route, pricing basis, and procedure need to align across the mandate, offer, and supporting documents.
Payment instrument fit
LC, SBLC, and other instrument language must suit the transaction sequence and be reviewed by the parties and their banks.
No introduction removes the need for independent legal, financial, technical, sanctions, and compliance review.
Trade Process
A controlled path from requirement to settlement.
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Step 1
Qualify
We define product specification, volume and frequency, delivery basis, route, timeline, client role and proposed payment terms.02
Step 2
Verify
We review corporate KYC, mandate authority, commercial capability and compliance position before a serious introduction.03
Step 3
Structure
We align the operating model, delivery structure, inspection point, document sequence and intended payment path.04
Step 4
Document
The parties progress through the applicable commercial documents, with product, volume, route and procedure kept consistent.05
Step 5
Inspect
Independent inspection and the agreed proof of product or payment sequence are coordinated under the contract structure.06
Step 6
Settle
Settlement and title transfer proceed against the contractually agreed documents, subject to bank and compliance approvals.Director-Led Desk
The desk is run by its directors.
Mandates are reviewed, structured and progressed by accountable people. Engagement volume is deliberately controlled so qualified counterparties receive senior attention.
Director
Narinder K Sood
Oversees governance, commercial review and counterparty acceptance. He holds final review responsibility for commodity mandates progressed by the desk.
Director
Abhiroop Bhattacharjee
Leads transaction structuring and process design, including documentation sequence, inspection provisions and alignment between commercial procedure and payment instruments.
Director
Shivam Sood
Leads origination and counterparty development, with responsibility for requirement qualification, buyer and seller sourcing, and commercial relationships across trade routes.LinkedIn profileTrade Desk FAQ
Questions serious counterparties ask first.
01Does Hacoco trade crude oil and refined products directly?
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Not by default. For crude oil and refined products, Hacoco primarily sources qualified counterparties and facilitates the trade. Hacoco acts as principal only when expressly agreed in writing.
02Which commodities can Hacoco trade directly?
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Select food grains such as rice may be handled directly as principal, subject to product, volume, route, compliance, and commercial acceptance.
03What should a commodity requirement include?
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Include the product and specification, volume and frequency, preferred origin and destination, delivery basis, timeline, your role, and proposed payment terms.
04Does Hacoco work with buyer and seller mandates?
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Yes, when the mandate is authorised and its authority can be verified. KYC, company information, and evidence of the mandate are reviewed before a serious introduction.
05How are LC and SBLC terms handled?
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Hacoco can help align the proposed instrument with the transaction sequence. The parties, their banks, and their appointed legal or financial advisors remain responsible for reviewing, issuing, accepting, and performing under any LC, SBLC, or other payment instrument.
06Does an introduction guarantee a completed trade?
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No. Every transaction remains subject to contract, due diligence, compliance, documentation, and performance by the buyer and seller. An introduction does not replace independent legal, financial, technical, sanctions, or compliance review.
07Which delivery structures can the desk review?
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Requirements may be framed around CIF, CFR, FOB, DES, DAP or tank-based structures such as tank-to-tank and tank takeover, where appropriate. The chosen structure determines the inspection point, title-passing sequence and document set, and must be agreed by the contracting parties and their advisors.
08Which energy products are within scope?
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The energy desk reviews qualified requirements for crude grades and refined products including EN590 10 ppm ULSD, Jet A-1, D6 fuel oil, gasoil, marine fuels, LPG, LNG, naphtha, bitumen, base oil and petroleum coke. Coverage does not represent current availability, allocation or an offer to sell.
09What compliance checks remain the parties' responsibility?
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Each party remains responsible for independent KYC, AML, sanctions, legal, tax, banking, technical and destination-market review. Hacoco's facilitation supports transaction discipline but does not replace professional advice or a party's own compliance obligations.
Trade Desk
A serious commodity requirement deserves a serious first review.
Share the product, volume, route, timing, and your role in the transaction. We will assess fit before proposing a next step.
Submit a Trade RequirementStart a Trade Conversation
Tell us what needs to move, and where.
Complete the short mandate form. Clear requirements receive the fastest and most useful response.
Include these details
Product and specificationVolume and frequencyOrigin and destinationDelivery basis and timelineCommodity Requirement
Submit your trade brief
For buyers, sellers, and authorised mandates seeking direct trade or verified counterparty sourcing.