We provide The efficient execution of these transactions relies heavily on specialized intermediaries. Brokers and commercial agents act as essential facilitators, connecting verified buyers with credible sellers, particularly in the spot market where deals must be executed rapidly. These individuals or firms are often granted a formal mandate, a binding legal document that authorizes them to negotiate and procure products on behalf of a disclosed principal (either the seller or the buyer). This mandate defines the scope of their authority, the specific products and volumes they can transact, and the commission structure for their services, ensuring a structured and transparent process in a high-value, trust-dependent sector.
