Delivery Terms: CIF / FOB Shipment.
Payment Term: MT103 TT Wire Transfer.
Quality: Q&Q test report will be conducted at the loading port by SGS or equivalent at the expense of seller.
Product Origin: KAZAKHSTAN.
Contract Term: 12 months minimum after a successful trial (with rolls and extensions).
Port of Loading: Jurong Port, Singapore, Aktau, Pavlodar, Kuryk, Fujairah, Vladivostok, Rotterdam, and Houston Port.
Petroleum Coke, or Petcoke, is a solid, carbon material derived as a byproduct of the oil refining process. Petcoke is typically used as a fuel source in power plants.
PRODUCT: PETROLEUM COKE (Petcoke)
Origin: Russian Federation / Republic of Kazakhstan
Price: Gross $ 102.00/Net $92.00 per Metric Ton
Trial Shipment: One Hundred Thousand (100,000) Metric Tons Available
Loading Port: Novorossiysk / Premorskiy / Ust Luga / Port of Aktau
Discharging Port: CIF safe world port
Petcoke (Calcinable)
ORIGIN: Kazakhstan
SBLC PRICE/MT: 260$ if SBLC
SBLC INSTRUMENT: 110% Irrevocable, Confirmed SBLC Backed by MT 103 at loading port
DLC PRICE/MT: 270$ if DLC
DLC PAYMENT INSTRUMENT: DLC is Irrevocable, Confirmed, Transferable at sight at loading Port
PARTIAL SHIPMENT Allowed
INSPECTION: SGS report loading port by Seller & Discharge Port at Buyer's cost
OTHER REQUISITES: All details after SBLC / DLC
PHYSICAL & CHEM. PROPERTIES
APPEARANCE: Solid Black
ODOR: odorless
SPECIFIC GRAVITY: 1.8-2.1 @ 25 deg.
C % VOLATILITY: <1
Insoluble in water
CIF PROCEDURE AT LOADING PORT (SBLC / DLC)
1. Buyer issues ICPO and Acceptance letter with Seller's delivery procedures on buyer company letterhead along with buyer banking information & company registration certificate.
2. Seller issues SPA to buyer.
3. Buyer signs and returns SPA with Guarantee of compliance, seller issues partial proof of products to buyer:
a. Export License.
b. COO.
c. Irrevocable commitment to supply.
d. Proforma invoice for the 1st shipment.
e. Statement of the availability of product.
4. Within 7 banking days Buyer's bank sends Transferrable, Irrevocable Operative SBLC VIA MT 760 backed by MT 103/Irrevocable, Confirmed Transferable DLC at sight at loading port according to seller's bank verbiage to Seller's nominated bank account for the first shipment.
5. On acceptance by Seller's bank, shares 2% PB only in case of SBLC against contract.
6. No PB for DLC/LC against Spot/Trial Order.
7. Seller shares his shipping arrangement to align for loading & Q&Q process.
8. After loading, BL and quality check certificate generation, Seller's bank submits complete documents for money realization against documents with Buyer's bank.
a. NOR/ETA
b. BOL.
c. Export License.
d. Vessel Questionnaire 88.
e. Port Storage Agreement
f. SGS report at loading port
g. Certificate of Ownership transfer
h. Charter party agreement to transport to discharge port
i. Copy of Transnet signed contract to transport product to loading port
j. Allocation Transaction passport code certificate by Minister of Energy
9. The SGS Inspection borne by the seller at the loading port, and buyer at discharge port
10. Buyer's bank releases payment to seller's bank by MT103 upon receipt of the shipping documents and confirmation of the Q&Q by SGS/CIQ at loading port
11. Shipment commences upon confirmation of buyer's payment and arrives at buyer's discharge port within 5-25 days
12. Seller pays commission within 48 Hours by Swift MT103 to all intermediaries assigned NCNDA/IMFPA
13. Seller/Buyer proceeds to yearly contract as per signed draft contract.
SBLC PRICE/MT: 289$ if SBLC as payment Instrument
SBLC PAYMENT INSTRUMENT: 110% Irrevocable, Confirmed SBLC Backed by MT 103 at the loading port
DLC PRRICE/MT: 299$ if DLC as payment Instrument
DLC PAYMENT INSTRUMENT: DLC has to be Irrevocable, Confirmed, Transferable at sight at loading Port
DISCHARGE PORT CIF
PARTIAL SHIPMENT Allowed
INSPECTION: SGS report at port of loading by Seller & Discharge Port at Buyerâ??s cost.
TIMELINES: Within 30 days from the acceptance of SBLC / DLC by our bank
OTHER REQUISITES All other detailed information to be shared after processing of SBLC/DLC
CIF PROCEDURE â?? AT LOADING PORT (SBLC / DLC)
1. Buyer issues ICPO and Acceptance letter with Sellerâ??s delivery procedures on buyer company letterhead along with buyer banking information & company registration certificate.
2. Seller issues SPA to buyer.
3. Buyer signs and returns the SPA to seller with Guarantee of compliance, seller issues partial proof of products to buyer:
a. Export Licence.
b. COO.
c. Irrevocable commitment to supply.
d. Proforma invoice for 1st shipment for 1st month.
e. Statement of the availability of product.
4. Within 7 banking days Buyerâ??s bank sends Transferrable, Irrevocable Operative SBLC VIA MT 760 backed by MT 103/Irrevocable, Confirmed Transferable DLC at sight at loading port according to sellerâ??s bank verbiage to Sellerâ??s nominated bank account for the first month shipment.
5. On acceptance by Sellerâ??s bank, shares 2% PB if SBLC against contract.
6. No PB if DLC/LC against Spot/Trial Order.
7. Seller shares his shipping arrangement with Buyer to align for loading & Q&Q process.
8. On completion of loading, BL and quality check certificate generation, Sellerâ??s bank submits complete set of documents for realization of money against documents with Buyerâ??s bank.
a. NOR/ETA
b. Bill of lading.
c. Export Licence.
d. Vessel Questionnaire 88.
e. Port Storage Agreement.
f. SGS report at loading port.
g. Certificate of Ownership transfer.
h. Charter party agreement to transport the product to discharge port.
i. Copy of Transnet signed contract to transport the product to the loading port.
j. Allocation Transaction passport code certificate by Minister of Energy.
9. The SGS Inspection will be borne by the seller at the loading port, and buyer at the discharge port.
10. Buyerâ??s bank releases payment to sellerâ??s bank by MT103 upon receipt of the shipping documents and confirmation of the Q&Q by SGS/CIQ at loading port.
11. Shipment commences upon confirmation of buyerâ??s payment and arrives at buyerâ??s discharge port within 5-25 days.
12. Seller pays commission within 48 Hours by Swift MT103 to all intermediaries assigned NCNDA/IMFPA.
13. Seller/Buyer proceeds to yearly if they signed draft contract before
Product Description :
Petroleum coke is a byproduct of the oil refinery industry. Petroleum coke refers to all types of carbonaceous solids obtained in petroleum processing, which includes green or raw, calcined and needle petroleum coke. Petroleum coke is used in many applications, including electrodes and anodes. It is also used as a fuel in the metal and brick industries.
Price of product ( USD price or FOB price) :
10.000 MT monthly market price.
100.000 MT monthly market price Less 8%.
Product origin : Russia and Non Russia
Key Specifications/Special Features :
Fuel Grade Petroleum coke of Low/High Sulphur.
Calcium Petroleum coke, Graphitized Petroleum coke.
Raw Petcoke, Anode Grade, Green Grade, Carbon Grade, Cement Grade, Needle coke, etc.
Minimum Order Size and Packgaing details :
Bulk in tanker vessels.
Tanks 20 MT.
