-
WHO WE ARENCO is part of the private elite Club that shakes up the World and belongs to the rare cult of a Fraternity house of Commodity Traders. The commodities market is a high-stakes calculated risk, full of complex hedging procedures, capital intensive, opportunity oriented...Learn More -
WHO WE ARENCO is part of the private elite Club that shakes up the World and belongs to the rare cult of a Fraternity house of Commodity Traders. The commodities market is a high-stakes calculated risk, full of complex hedging procedures, capital intensive, opportunity oriented1...Learn More
We are a boutique commodity unit with unique traders’ desks.
Business and the market trends. Our in-house models are designed with forward vision and differentiate from the traditional producer’s model of low-cost earth extraction of raw materials and term-based contracts. We trade our market knowledge we read through the world events, we understand the supply and demand drivers, the risk management, we understand the risk management as a fundamental component., to create wealth and profit. We have invested and gained substantial knowledge of the world’s commodity trading patterns.
Our straightforward business model. NCO has a clear and defined business model in place. We compete globally but in notable transactions. We have the infrastructure, financial assets, and geographical areas to execute...
A global organization. We bridge the cultural gaps between a trading desk and commodity sourcing. It is a difficult task, and it takes talented and experienced people to do it and integrate the trade. Our commodity desk...
Our group is a performance-based organization. We value our people, and we continue training them. We set targets, and we pay them very well. We have bonus rewards and compensations we have business development budgets....
We have in place a commodity trading risk management (CTRM) system. Our team uses commodity hedges, forex hedges, and various derivatives when the underlying assets we trade are physical commodities. Overall, hedging...
A global organization. We bridge the cultural gaps between a trading desk and commodity sourcing. It is a difficult task, and it takes talented and experienced people to do it and integrate the trade. Our commodity desk,...
Our corporate finance department oversees the entire trading operations. Capital adequacy is always in place to anticipate margin calls counterparty exposure available working capital bonding and legal capital availability...
Our trading desks have vital functionalities, including order inputs, ship tracking, risk reports, and communication with financial and reconciliation systems. Our system is customized and developed with a major auditing...
-
2011
-
2012
-
2013/14
-
2015
-
2016/17
-
2018
-
2019/21
The company was incorporated in 2011 by a wealthy woman initially as a complementary unit of her shipping activities to enhance the trading. The post 2008 events resulted in negative impacts on the oil markets, difficulties and with limited credit availability etc. The company was set up with the principals’ financial resources, and with the view to take a position on small fossil by- products. In the summer of 2011 NCO w was up and running. The company operated in the regional Med markets and west coast of Africa.
In 2012.The company traded gasoline in to west Africa and gasoil. The oil supplies were very high and NCO took advance of the North Africa crisis to trade small parcels of oil products.
2013 the company started to set up the infrastructure when the first signs of commodity prices drop appeared and alarms went on followed by the 2014 calamitous drop of the commodities market across all classes of different commodities.
2015 it was the same with the commodity prices down by almost 40% signaling the end of the super cycle that started in 2000 and the 2014/2015 ended with China slowing down on the purchase of raw materials. NCO traded carefully back-to back transaction only mitigating the down side risks and at the same time building more infrastructure for the next day.
2016 /2017 the various macroeconomic effects and the wake of the commodity collapse left most of the commodity counterparties leaking their woods and reshuffling their trading models. NCOs trading model was enhanced and the company traded crude oil in 2million bbl. parcels.
In 2018 the company reached $ 1 Billion and since then is going strong.
2019 to 2021 the commodities market recovered remarkably and the new super cycle started. The group is looking forward to their global name recognition and its continued growth across the commodity space.
Our 2022 to 2030 targets in all segments at the turning point of the industry:
NCO as a physical trader uses logistics and price capabilities to source, store, and ship commodities. NCO sources offtake agreements, tanker cargo, chartering, owned or leased storage facilities, and critical consumer...
Our precious metals desk focuses on the gold, silver, and platinum sectors.
NCO trading desks deal with copper, aluminum, lead, tin, nickel, manganese, and raw materials
We trade physical most of the agricultural products, and we hedge your price risk in the expanding global agricultural marketplace with benchmark products such as wheat, corn, and soybean futures and options. Our trading...
We source trade and agricultural transport products such as soybeans, cocoa, coffee, cotton, sugar, rice, wheat, and soft commodities such as lentil beans. We trade futures contracts. We work with manufacturers, blenders,...
Livestock trading has continuously increased over the last 20 years, 1990 and 2018, the volume of meat exports increased by more than threefold (327%). However, crop products still dominate agricultural trade. The proportion...
Enabling sustainable societies with smart & safe commodity trading is part of our culture and our commitment to the industry, and we will not discount it.
(The future is not what it used to be, and commodities...
An oceanic awakening and Herald awake-up call to the potential of our Oceans in an era of unprecedented global change. Our choice is to choose more environmentally friendly produced commodities to clean energy and clean...
The hire of our employees,...
In summary, commodity prices are still heavily reliant on the dynamics of the Chinese economy. Still, structural changes in key industries, such as the US oil and gas or Australian iron ore sectors, have also triggered...
we’ve created a matrix that identifies the different seasoned executives’ styles of decision making, and we are looking for executives that they are decisive flexible hierarchic and integrative. In the commodities space it is rather important that we attract in our organization executives with decisive style value action, speed, efficiency, and consistency.