Commodity: EN590 DIESEL GAS OIL ULTRA-LOW SULPHUR 50PPM (EURO 4)
Specifications: (See attachment on the next page 3 of 8)
Origin: Russian Federation
Quantity: 100,000 MT per month
Contract Term: 12 months with R&E (rolls and extensions)
Price: US$_________ per MT, Gross
Commission: To be handled by United Spirit Corporation as per agreement with the buyer and the seller.
Financial Instrument
Method: SBLC or BG or IRDLC non-transferable, auto-revolving
Terms of Payment: Swift MT103/Telegraphic Transfer (TT) payment
Procedure :
- Send LOI to Stoix Trading FZCO to initiate the process and we will send you our SCO.
1 Buyer sends ICPO in line with seller working procedures alongside his/her Tank Storage Agreement (T.S.A.) on receipt and acceptance of Seller's Soft Offer
2. Seller issues Commercial Invoice (C.I.), Buyer Signs within 24 hours and returns to Seller within its validity
3. Upon receipt and review of the signed C.I., seller issues Dip Test Authorization (D.T.A) to be completed and signed by buyer/ Buyer's logistics in order for Dip Test to be conducted alongside counter signed copies of the C.I
4. Buyer returns the Dip Test Authorization (DTA) fully completed and signed within its validity and upon successful review of the completed DTA, seller issues the below full POP documents: -
A. Fresh SGS Report (Not older than 72 hours);
B. Product Reservoir Receipt;
C. Accreditation Certificate;
D. Product Passport (Quantity and Quality Analysis);
E. Authorization to Sell and Collect Certificate (ATSCC); F. Pre-Injection Report (PIR);
G. NCNDA/IMFPA (To be completed by all intermediaries);
H. Certificate of Product Origin;
Authority to Verify (ATV) either physically or otherwise.
5. Upon receipt and confirmation of the above POP Documents, Buyer provides its testing officials (SGS or
INTERTEK) and the needed test are carried out on the product in seller's tanks;
6. Buyer upon successful Dip Test makes full payment by MT103 / TT wire transfer for the total product and Seller pays commission according to NCNDA/IMFPA to all intermediaries involved in the transaction within 24 hours after confirmation of buyer's payment and injection commences immediately.
7. Seller issues a contract for buyer's desired duration upon successful completion of the trial order.
Diesel EN590 (10PPM) ULSD (Ultra Low Sulfur Diesel) is a premium diesel fuel that conforms to the European standard EN590, with an ultra-low sulfur content of only 10 parts per million (PPM). This type of diesel is known for its environmental benefits and is widely used in modern diesel engines.
EN590 Diesel (10 ppm) is a high-grade automotive diesel fuel designed for modern engines.
It meets EN590:2013 specifications and complies with European emission standards.
With ultra-low sulfur content (10 ppm), it helps reduce emissions and engine wear.
The product is commonly exported in bulk from Russia or Kazakhstan by tanker vessel.
Key Specifications:
- Density at 15C: 0.820 to 0.845 kg/m3
- Sulfur Content: Max 10 ppm
- Cetane Number: Min 51
- Flash Point: Min 56C
- Pour Point: Max -15C
- Water Content: Max 200 mg/kg
- Origin: Russia / Kazakhstan
- Packaging: Bulk in tanker vessel
- Minimum Order Quantity: 50000 MT
- HS Code: 2710.20
We offer premium quality non-sanctioned Diesel EN590 10ppm in compliance with Euro 5 standards
Product is available in bulk shipments from our suppliers based in Fujairah / Rotterdam with CIF or FOB options to global ports including Rotterdam India China and Africa
All documents SGS inspection and origin certification provided
Competitive pricing and secure procedures guaranteed
Available volumes up to 100,000-500,000 MT monthly
EN590 ULSD available in Major Ports for FOB shipping terms, Kazakhstan Origin,
EN590 FOB price is $470/mt including $10 commission to buyer's side.
FREE ON BOARD (FOB) PROCEDURE
1. Buyer Issues ICPO:
The buyer submits an Irrevocable Corporate Purchase Order (ICPO) with banking details and passport information.
2. Seller Issues Commercial Invoice (CI):
The seller sends a Commercial Invoice (CI) for the available product, which the buyer countersigns.
3. Seller Provides POP Documents:
The seller provides Proof of Product (POP) documents, including:
SGS Report
Tank Storage Receipt (TSR)
Product Analysis
Injection Report
Authority to Verify (ATV)
Refinery Commitment Letter
Authorization to Sell and Collect (ATSC)
4. Buyer Verifies POP:
The buyer contacts the tank farm to confirm product availability.
5. Payment & Dip Test:
The buyer pays for a 5-day tank lease, and the seller issues an Unconditional Dip Test Authorization (UDTA). The tank farm provides a Clearance Access Entrance Permit (CAEP) for the dip test and SGS report.
6. NCNDA/IMFPA Signed:
All intermediaries sign the NCNDA/IMFPA and send it to the seller for endorsement.
7. Sealing & Final Payment:
After a successful dip test, the buyer requests tank sealing. The buyer pays for the full product via MT103/T/T and extends the tank lease for 48 hours.
8. Payment to Intermediaries:
The seller pays the intermediaries within 48 hours of receiving payment
TRANSACTION PROCEDURES FOR FOB JURONG/QINGDAO PORT TANK TO TANK (TTT)
1) Buyer issues ICPO and certificate of incorporation
2) Seller issues Commercial Invoice (CI) , buyer's signs and returns to Seller with his TSA, Seller verify buyer TANK FARM and make 3days tank lease payment to the buyer tank farm for the Injection Process.
3) Buyer pays his Tank Farm Company for 2 days tank storage costs, after his Tank Farm Company has received the buyer's payment the Seller Company pays 3 days cost (totaling) 5days TSR
4) Seller inject into buyer tank and issues SGS, ATV and Unconditional DTA.
5) Buyer conducts Dip Test and makes the payment for the total value of product injected TRANSACTION PROCEDURES FOR FOB JURONG/QINGDAO PORT TANK TO TANK (TTT)
1) Buyer issues ICPO and certificate of incorporation
2) Seller issues Commercial Invoice (CI) , buyer's signs and returns to Seller with his TSA, Seller verify buyer TANK FARM and make 3days tank lease payment to the buyer tank farm for the Injection Process.
3) Buyer pays his Tank Farm Company for 2 days tank storage costs, after his Tank Farm Company has received the buyer's payment the Seller Company pays 3 days cost (totaling) 5days TSR
4) Seller inject into buyer tank and issues SGS, ATV and Unconditional DTA.
5) Buyer conducts Dip Test and makes the payment for the total value of product injected into the tanks through the means ofMT103-
6) Seller pays all intermediaries involved in the transaction, and subsequently monthly shipment continues as per terms and Conditions of the sales and purchase agreement contract between buyer and seller .
EN590 10ppm Kazakhstan origin from the largest trusted Refinery in Kazakhstan available for CIF or TTO transactions Very competitive price
TCO CIF
Terms Of Transaction
Delivery Ciftto 1521 Days To Any Safe World Port
Payment Term Dlclc Blcmt 103 Tt Wire
Origin Kazakhstan
Specification To Be Provided Upon Receipt Of Buyers Loiicpo
Inspection Any Universally Accepted Qq Inspection Company
Commission To Be Shared 50 Each By Both Sides
Performance
Bond
2
Procedures Transaction Procedure CIF
1Buyer issues Irrevocable Purchase Order ICPO with buyers banking details
and passport data of buyerrepresentative
2 Seller issues Draft contract for both parties to sign within 24 hours buyer signs and send back
with guarantee letter and proof of funds to fulfil the contractual agreement
3 Seller reissues the Proof of Product documents in buyer companys name as listed below
3 a Certificate of Origin
3 b Product quality passport Analysis test Report Kazakhstan GOST R
3 c Commitment to Supply
3 d Statement of Product Availability
3 e Product Allocation Export Permit
4 Upon verification of the sellers partial POP within seven 7 banking days the buyers bank
sends irrevocable operational DLC via MT700 as per the sellers credit bank account for the first
month fee In the event of the buyers banks inability to issue the letter of credit within seven 7
banking days the buyer will make a guaranteed cash deposit of USD 300000 by TT WIRE bank
transfer to the sellers bank account as security of the product allocation and also to enable the
seller to charter a vessel and start shipping This payment will be deducted from the total cost of
the product after inspection at the port of discharge
5 Upon confirmation of buyers Letter of Credit or Cash Guarantee Deposit payment at sellers
bank seller transfer title holder of the cargo to buyer issue the 2 PB and commence loading of
the cargo into the vessel tanker Upon completion of loading the cargo seller will issue the full
POP and shipping documents to buyer as shown below
Allocation Title Ownership Certificate
TransNeft Contract to transport the product to the loading port
Port storage agreement
Charter party Agreement to transport the product to the discharge port
Tank Storage Receipt
SGS Quality and Quantity Certificate
Bill of Landing
Vessel Questionnaire 88
6 NCNDA IMFPA shall be issued for all BuyerSeller Intermediaries to complete for further
processing by the Seller
7 Shipment shall commence and upon arrival of the vessel tanker at the final discharge port the
buyer shall conduct the SGSCIQ Inspection and make the balance payment for the full shipment
via TT Wire or MT103 TT Wire Transfer
8 The seller pays all buyer and seller intermediaries the full commission amount as stated in the
NCNDAIMFPA agreement
