Silico manganese 60-65% and 65-70%, si 14%to 16%, c 2.5-2.0%, p 0.30 -0.25%, s 0.03%, particle size 10-50mm(90% min).
Bags containing 1 mt, shipped in containers upto 25 to 27 tons.
PRODUCT: Household Kerosene ( HHK )
ORIGIN : RUSSIAN
QUANTITY 50 Million Litres per month x 12 months
CONTRACT TERM: 12 Months with Rolls & Extensions up to 60 months
QUANTITY PER SHIPMENT : 15 Million Litres Minimum
QUALITY: Complying to Russian Exports Standards (Copy of specifications attached herewith)
PRICE: USD 0.47 / USD 0.45 per Litre CIF ASWP FO * ( * CIF FO applies to African Ports )
Intermediary USD 0.02 per Litre 50/50 buy sell side
DELIVERY Loading for shipment shall commence within 30 days after acceptable payment instrument received from Buyer
LOADING PORT: Russian ( Seller's Option )
PAYMENT TERMS: As Security, buyer to issue MT 700 , a irrevocable revolving DLC from a World Prime Bank for one month cargo value.
This will not be monetized unless the buyer fails to make his payment
Final payment via MT103/TT within 72 hours after cargo arrival at Discharge Port on completion of SGS inspection by Buyer for quality and quantity.
PERFORMANCE BOND: 2% from Seller.
VALIDITY : Two (2) days from the date of this offer.
ANNEX A - STANDARD SPECIFICATION
HOUSEHOLD KEROSENE (HHK)
Quality - Specification of Kerosene (ASTM)
PARAMETERS RESULTS
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Appearance: Clear & Bright
Colour: +20
Specific Gravity at 15 Deg C: 0.775 to 0.825
Total Acidity Mg/Koh (max): 0.01
Distillation: Recovery at 200 C Vol: 20 min
Final Boiling Point deg C: 300
Burning Quality - Clean Char Mg/Kg
(On oil consumed): 15
Bloom on glass chimney: Not darker than grey
Flash Point C min: 45
Copper Corrosion 2 Hours @ 100 Deg C (max): 1B
Smoke point mm (min): 22
Total Sulphur % Wt (max): 0.14
