EN590 DIESEL
Origin: Russian Federation
Price indication*: US$ 495.00 Gross | US$ 485.00 Net per MT
Spot Order: 50.000MT Contract Quantity per Delivery: 50.000MT ~ 500.000 MT per month
INCO Terms: CIF ASWP
Inspection: SGS, CIQ or similar.
Payment: SBLC MT760/DLC MT700 & MT103, via a Top 20 Bank
Contract Duration: Spot + 12 months with R&E
Commission: Seller Side (closed) 50% | Buyer Side (open) 50% per MT
**Prices and Availability Subject to Change Based on Market Conditions and Refinery**
EN590 10PPM/50PPM
ORIGIN: KAZAKHSTAN
Liftable Quantity: 50,000MT MONTHLY: 200,000MT
PRICE FOB: US $490 GROSS, US $480 NET PER MT COMMISSION: US $10 PRICE CIF: US $470 GROSS, US $460 NET PER MT COMMISSION: US $10 SHARING: $5 On The Seller Side And US $5 ON THE BUYER SIDE.
A) C.I.F. - COST, INSURANCE, FREIGHT PROCEDURE:
1. Buyer issues an official Irrevocable Corporate Purchase Order (ICPO), with Sellers
procedures.
2. Seller issues Sales and Purchase Agreement (SPA) open for amendment via mandate to
Potential Buyer.
3. Potential Buyer countersigns, duly initial by Co- Buyer and sends back to Seller
the aforesaid SPA in Acceptance.
4. Seller issues, SGS report, Certificate of origin and product attestation letter to
buyer.
5. Seller requests the nominated shipping company to issue the Charter Party Agreement
(CPA) for Seller to sign with the shipping company as the Consignee to be shown on
the Bill of Lading to whom the shipment is consigned.
6. Seller submits the Contract to the Ministry of Energy for Legalization and final
approval and notarization (if required), Buyer and Seller make 50% payment of
Shipment value via MT103 TT
7. Seller Legalizes the Draft contract, and send the final approved contract to Buyer
via Secured Email service along with PPOP which include:
Product Passport (Quantity & Quality Dip Test Analysis Report).
Certificate of Origin.
Copy of TSR (Tank Storage Receipt) at Loading Port.
Legalized Contract (SPA).
Export License.
Fresh Data marine analysis Report
Note: Freight Payment (50/50 between Seller & Potential Buyer). Such payment shall be
deducted from the final cargo payment.
8. All parties involved in this transaction sign the NCNDA/IMFPA to product for all
intermediary's commission(s) as payable by each side oneself separately.
9. Once Receipt of Payment as aforesaid Seller commences loading of the product into
the chartered oil tanker vessel and provides the following shipping documents via
CoBuyer to the Potential Buyer after loading:
Ocean Bill of Lading
Cargo Manifest
Certificate of Insurance
Certificate of Ownership
Ullage Report
SDS (Safety Data Sheet) The Quota Allocation Certificate issued by the
Ministry of Energy
10.Upon vessel on arrival to the Discharge Port, Seller issues ATB/DTA via mandate to
Potential Buyer and meantime directs the Captain to dock with the shipping agent
along with inspection team to conduct Dip Test in the Vessel Tanker to confirm Q&Q.
11.Upon successful RESULT of Dip Test, Potential Buyer causes his bank to pay via
Swift MT103 by T/T wire.
Offer Code:
CH-OFR-VA-6303
Offer Validity:
19th May 2020
Commodity:
Diesel (Ultra Low Sulphur)
Specification:
BS: EN 590 10ppm
Origin:
Russian Federation.
Quantity :
40,000 MT (Minimum) to 200,000 MT per month x 12 months
Delivery:
CIF ASWP
Price :
$290 per MT Gross / $280 per MT Net
(Also available in Platts based pricing with similar procedure if required)
Commission:
US$10 to be shared 50:50 Buy side (OPEN) and Sell side (CLOSED).
Inspection:
By SGS or equivalent
CIF EN-590 10ppm Diesel -12 Month Contract Production Procedures:
Product: EN590 Diesel 10ppm
Origin: Dubai
Delivery: CIF to any safe world port
MOQ: 100mt
CIF Transaction Procedures:
1. Buyer issues LOI/ICPO.
2. Seller issues Draft Sales Purchase Agreement Contract and for Buyer\'s review and signing.
3. Buyer and Seller sign Sales Purchase Agreement Contract and the Buyer will send Draft Banking instrument verbiage for review.
4. Seller sends partial POP to Buyer via email:
(a) Statement of Availability of Product
(b) Seller's Irrevocable Commitment to Supply
(c) Product Passport
(d) Certificate of Product Origin
(e) ATSC (Authorization to Sell and Collect)
5. Buyer sends the Final Draft of LC/SBLC for Sellers approval.
6. Buyer\'s Bank Swift the irrevocable, operative, transferable, divisible, confirmed and fully Funded Documentary Letter of Credit IRDLC to the Seller\'s bank.
7. Seller sends the full POP and 2% Performance Bond to Buyer\'s bank.
8. Shipment commences as scheduled in the contract and upon arrival of the cargo at the discharge port and after SGS/Q&Q, or equivalent inspection, immediately Buyer\'s Bank releases the Total Value of the Shipping to Seller\'s Bank within 48 hours (two banking days) by MT103 against shipping documents specified.
9. Seller pays all intermediaries involved in the transaction as per IMFPA within 48 hours.
Notes:
1) Seller will allow transferable sblc/dlc and non-transferable sblc/dlc as a finance instrument.
2) Buyer must submit Loi/icpo to start engagement with our seller.
The dealer company is looking for a distributor of an oil refinery to enter into an annual Contract for the purchase of diesel fuel EN 590 10 ppm, of Qatar or Saudi Arabia origin in the amount of 30,000 MT per month. Total quantity: 360 000 MT per year; Terms of delivery: CIF seaport Tallinn (Estonia), Klaipda (Lithuania); Terms of payment: DLC (MT700); Price: 380 $ tons; Product quality: European Union EN 590 standard; Inspection: SGS/ Equivalent; Delivery time: shipment of the first batch within 10 days after issuing the letter of credit. Contact person: Nick
The dealer company is looking for partners to enter into an annual Contract for the purchase of diesel fuel EN 590 10 ppm produced by countries that are not under sanctions, in volumes from 25,000 to 100,000 tons per month. Total quantity: 300,000 - 1,200,000 tons per year; Delivery terms: CIF sea ports of Tallinn (Estonia), Rotterdam (Netherlands), Mersin (Turkey) and Fujairah (UAE); Payment terms: DLC (MT700); Price: $600 - $650 per ton; Product quality: European Union standard EN 590; Inspection: SGS/equivalent; Delivery time: shipment of the first batch within 10 days after issuing the letter of credit. Contact person: Nik
The dealer company is looking for new customers - Buyers for the conclusion of annual Contracts for the sale of diesel fuel EN 590 10 ppm produced by countries that are not under sanctions, in volumes from 25,000 to 100,000 tons per month. Total quantity: 300,000 - 1,200,000 tons per year; Terms of delivery: CIF ASWP; FOB - sea ports of Rotterdam (Netherlands), Mersin (Turkey), Fujairah (UAE); Payment terms: DLC (MT700); Price: $650 - $680 per ton; Product quality: European Union standard EN 590; Inspection: SGS/equivalent; Delivery time: shipment of the first batch within 10 days after issuing the letter of credit. Contact person: Nik
The dealer company is looking for Buyers to enter into annual Contracts for the sale of EN 590 10 ppm diesel fuel produced by countries that are not under sanctions, in volumes from 100,000 to 200,000 tons per month on the terms of CIF ports of China, Hong Kong and other countries of the Southeast of Asia. Delivery of the first batch of goods in the amount of 100,000 - 200,000 MT is trial; Total quantity: 1 200,000 - 2 400,000 tons per year; Terms of payment: SBLC; Price: $ 620 MT; Product quality: European Union standard EN 590; Inspection: SGS/equivalent; Delivery time: within 15-20 days after issuing the letter of credit. Contact person: Nick
The dealer company is looking for Buyers to enter into annual Contracts for the sale of diesel fuel EN 590 10 ppm, produced in countries that are not under sanctions, in the amount of 100,000 to 300,000 MT per month on the terms of CIF Fujairah. The delivery of the first batch of goods in the amount of 100,000 tons is trial; Total quantity: 1,200,000 - 3,600,000 MT per year; Payment terms: SBLC; Price: $ 650 per ton; Product quality: European Union standard EN 590; Inspection: SGS/equivalent; Delivery time: within 15-20 days after issuing the letter of credit. Contact person: Nik
