PETROLEUM COKE (PETCOKE)
Minimum Quantity: 50,000 MT
Maximum Quantity 300,000 MT
FOB Price: Gross $320:$310 Net
CIF Price: Gross $350:$340Net
PROCEDURES FOR CIF
1. Buyer accepts Sellerâ??s procedure and issues ICPO with the following: banking details, company
profile, and passport copy. 2. Seller acknowledges Buyerâ??s ICPO and issues contract to Buyer open for
amendment. 3. Seller makes the final signature, notarized the contract with appropriate authorities,
convert to
pdf and send to Buyer as final approved copy along with the following:
certificate export license
Certificate of Origin
c). commitment to supply
4. Buyer make 5% guarantee deposit via MT103/TT from product total to enable Seller chatter a
vessel and proceed to loading of product. 5. Buyer shall acquire the vessel information upon successful
guarantee deposit, and Seller shall
immediately issue w.o.t (warrant of title) & furnishes commitment letter to be signed by Buyer,
alongside shipping company before sending the below PPOP documents upon the receipt of the
endorsed:
commitment letter to supply,
certificate of incorporation,
product certificate of origin,
act of transfer commercial invoice,
company tax payer,
fresh SGS export report conducted in vessel quality specification
NOR (Notice of Readiness)
Bill of Lading and SGS report on loading, and
ETA (Estimated Time of Arrival)
6. Shipment commence as scheduled in the contract and upon arrival of the cargo at the discharge
port, Buyerâ??s inspection team carries out CIQ or SGS or equivalent inspection to ascertain quality
and quantity. 7. Product is discharged after successful inspection into Buyerâ??s storage facility, then
Buyerâ??s bank releases payment for total value of the product to Sellers bank within seventy-two (72) hours by
MT103 wire transfer. 8. Seller transfers title of the product to Buyer. 9. Seller pays all
intermediaries/parties involve as outline in the IMFPA
Origin: Kazakhstan, Georgia, Malaysia
Incoterms: CIF/FOB
Loading Port: Rotterdam and Houston etc
Payment Terms: MT103 TTWIRE
Performance Bond: 2% PB
Contract Term: SPOT 6-12 Month Minimum (With Rolls and Extension
Inspection: SGS CIQ or Similar
Petroleum Coke
Minimum Quantity: 50,000 MT per month
Price CIF/ASWP: Gross USD $355.00 MT / USD $345.00 MT NET
TRANSACTION WORKING PROCEDURE FOB Rotterdam/Houston
1. Buyer sends Company Profile along with ICPO, Tank Storage Agreement (TSA) and data page of buyers passport
2. Seller Issues commercial invoice (CI), Buer signs and returns commercial invoice back to seller.
3. Seller verify buyer TSA by Letter and Seller issues the following POP documents to buyer:
a)Statement of Product Availability
b)Commitment Letter of Supply
c)Unconditional Dip Test Authorization (UDTA)
d)Authorization to Sell and Collect (ATSC)
e)Authorization to verify the product in Seller''s tank (ATV)
f) Fresh SGS not older than 72 hours
4. NCNDA/IMFPA will be signed among all parties involved.
5. Buyer options conduct DIP TEST on the product and make the payment for the total value of product injected into the tanks through the means of mT103-TT
6. Seller pays commission to all intermediaries involved in the transaction and subsequently monthly shipment continues as per terms and conditions of the commercial invoices and extension of transaction by issuing 12 months contract to buyer for proceeding.
STAND TRANSACTION CIF PROCEDURES
1. Seller confirms ICPO + passport of buyer and issues FCO for signing
2. Seller issues contract for amendment and countersigning as per mutual agreement.
3. Seller legalizes and register contract at seller expense and send to buyer as final approved, registered and legalized contract
4. Seller sends to buyer via e-mail, the following POP documents in buyer''s name for verification of the allocation:
A. Statement of product availability
B. Refinery commentment to supply
C. Company profile
D. MSDS
E. Company license to export
5. Buyer and Seller sign the CPA with the secured shipping company for documentation along with the NCNDA and IMFPA for commission construction
After years of research and development, the carbon additive has many advantage, such as high carbon, low sulphur, low nitrogen, less harmful impurities and other fine features. The product is a new type material for steel industry to improve the quality of melting. In the meanwhile, it was widely used in casting, brake plate and friction materials and other fields.
Usage method
For 0-5 T furnace use:
While a small amount molten iron in the furnace
Or with some molten iron remained. add the carbon additive one-time
Then add the other material
Which can make carbon additive fully absorbed.
For greater than 5 T furnace
Mix proper carbon additive with charging material as suggested first,
And then along with the increase of furnace charge down into the furnace inside gradually.
That is, before the molten metal rising up to about 2/3 height of furnace
All carbon additive shall be added
It guarantees sufficient melting absorbing time before molten metal out, and improves the absorption of carbon.
FAQ
How to choose a high quality calcined petroleum coke
1Choose a manufacture
2Inspect the size of the factory, the production equipment.
Carbolic raw materials have many kinds, the production process is also different, there are wood carbon, coal carbon, coke, graphite, etc., of which there are many different categories of small species. High-quality carburizing agent generally refers to the graphitized carburizing agent, at high temperatures, the carbon atoms arranged in the graphite morphology, it is called graphitization. Carbonation itself chooses pure carbon-containing graphitized substances, reducing excessive impurities in pig iron, carbon agent selection can reduce the cost of casting.
Carburizing agent is calcined from petroleum coke and is an ideal material for carbon additive. Carburizing agent as a linking agent has been widely used in different industries such as metallurgy, chemistry, machinery, electricity and so on. The choice of carburizing agent is determined by the quality requirements for the production of steel or ferroalloys and the granularity of the resulting carbon north of the city. Because of the higher carbon content of the recarburiser and its lower S / P content and its porous structure, hot metal is allowed to swallow up the carbon content faster through tiny cracks, and good recarburiser is essential for the production of high quality steel Of auxiliary additives.
Ningxia Teng Yuan Environmental Protection Materials Sales and Service Co., Ltd. sales of carbonation agent for casting, cast iron, steel, castings will have a carbon demand, then carbon by the name suggests is to increase the carbon content of molten iron, for example , Commonly used in melting smelting pig iron, scrap, back to the charge, pig iron high carbon content, but the purchase price relative to scrap is higher, so increase the amount of scrap, reduce pig iron dosage, plus carbon agent, can play a certain The role of reducing casting costs.
