Trade Lead Description:
D2 spot offer..
ICPO & LOI must be name of - ningbo U. g. limited, HK
Product: D2 (Gost 305-82) Cetane 45 (MGO) Origin: Russia
Quantity: 2,000,000 MT SPOT
Delivery: FOB Rotterdam
Price: $USD 510/530 MT
Payment: MT103
PROCEDURES
1) Buyer confirm soft offer and issues an NCND-IMFPA-ICPO. 2) Seller issue Draft Contract. 3) Buyer to sign and seal Draft Contract and return to the Seller. 4) seller provide the Pro-Forma Invoice. 5) Buyer issue Transferable DLC to seller
6) seller sends full POP including SGS Report and tank receipts via bank to bank. 7) Buyer verifies POP and within 24 hrs swift MT 103 for transfer of title, pay and lift. 8) immediate liftable commencing 1st week of October 350,000 m.t. and subsequent weekly of 500,000mt tons tion of total contracted quantity. 9) ) Delivery commences as Posted from India - Tamil Nadu on 24 November, 2009
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