COMMODITY: EN590-10ppm
ORIGIN: NETHERLANDS
DELIVERY: FOB ROTTERDAM
LOADING / ROTTERDAM
QUANTITY TRIAL: 100,000 MT
QUANTITY MONTHLY: 200,000 MT CONTRACTUAL (Long-Term 3 TO 5 YEARS)
QUANTITY CONTRACT: ROLL & EXTENSION
CONTRACT LENGTH: MINIMUM 12 MONTHS / 52 WEEKS
SPECIFICATION: Fresh SGS Report
QUALITY: Â As Per Inspection
DISCOUNT: -USD 70 TO USD 80 (from the West European Pallet Price)
PROCEDURE:
End buyer sends his ICPO, CIS, TSA, or CPA and approved procedure by buyer.
Ministry of Energy start due diligence. After approval of due diligence, the buyer will receive a confirmation through the XXXXXXXX.
After exchange of the bank coordination of the supplier/seller, XXXXXXX. The buyer will start official BANK TO BANK communication to send his BCL and proof of Funds. BCL, POF is equivalent to two times delivery
After confirmation of BCL, POF the SELLER / SUPPLIER sends FRESH SGS to the BUYER.
The BUYER verifies the fresh SGS report via his logistic company or any other organization he wants.
Finally, start the DIP Test in Seller / Supplier tanks and after that immediately pay for inspections and seal the product in the Tank of the SELLER / SUPPLIER.
Then exchange the final document and the buyer receives the title.
The above is for 1x trial and 12x contract
Note: For the contract of 12x delivery, we donot ask any LC, DLC, or SBLC. Because our seller right now operates on behalf of the government. It means,
