EN 590 Kazakhstan origin available:
The reseller(title-holder) will purchase only after buyers issue the documents.
MOQ: 50,000MT
Price : Platts minus 80/70 ( NWE PLATTS)
Currently we are doing CIF TURKEY. We can consider CIF TTO any other ports. TTO CIF is safer with assured product. There is no other option.
TRANSACTION PROCEDURES FOR TITLE TAKE-OVER (TTO):
1. The Buyer issues an official ICPO containing the Sellerâ??s procedure along with Buyer company certificate of incorporation/CIS.
2. Seller issues original MOU.
3. Buyer countersigns MOU and forwards it back.
4. Upon the receipt of countersigned original MOU from the Buyer, Seller sends to Buyers secured email the listed documents issued in the name of the initial Buyer as stated below:
A. Product Passport (Quantity & Quality Dip Test Analysis Report)
B. Certificate of Origin
C. Company Certificate
D. Tanker Vessel Q88 Document
E. Vessel (N.O.R) Notice of Readiness
F. Ullage Report
G. Cargo Manifest
5. Upon the receipt of the documents, Buyer will issue IRREVOCABLE, Transferable, Divisible, Operational and assignable DLC MT700 as per seller's verbiage to his bank.
6. Vessel arrives at the discharge port and Buyer carries out the CIQ/ SGS inspection and upon successful inspection, Buyer pays by MT103 T/T for the full product to the Seller and trans-loading commence.
7. Seller shall transfer Title Ownership to Buyer and also provide the proof of product documents.
Send ICPO +CIS.
The buyer issuing the documents must be the one making the payment and not third parties.
