PRICE CIF ASWP : $310 / $300
PRICE FOB : $300 / $290
QUANTITY : Min 50,000 MT / Max 500,000 MT
Commission : US $5/ US $5
PROCEDURE : (FOB/SPOT/CI,DIP+PAY ROTTERDAM AND RUSSIAN PORTS)A
1.Buyer issue ICPO + Company Profile and Buyer passport copy.
2.Seller issues (SPA) + CI to buyer, Buyer sign and send back along with Buyer, Tank Storage Agreement (TSA) from their trustedTank Farm /Shipping Company for Seller verification and approval. Or Seller nominate a Tank for Buyer to secure.
3.Seller issues to Buyer partial proof of product below:
(a)COMPANY REGISTRATION CERTIFICATE
(b)COMMITMENT TO SUPPLY
(c)STATEMENT OF PRODUCT AVAILABILITY
(d)DIP TEST RESULT/PRODUCT PASSPORT
(e)CERTIFICATE OF ORIGIN
(f)NOTICE OF READINESS TO INJECT
(g)TANK STORAGE RECEIPT (TSR)
4.Both parties, (Buyer and Seller) make the Payment for the renting of the tank to assure the buyer of seller’s readiness to injectthe said product into the hired storage tank (s) in Rotterdam or Russian Port.
5.Seller/buyer confirms storage tank receipt and seller release below documents to buyer.
Dip Test Authorization (DTA) AND Certificate of Ownership (COO)
6.Buyer confirm product in their storage tank and Conduct the dip test and upon successful dip test, buyer releases payment to Seller viaMT103/TT.
7.Seller releases payment to all intermediaries according to the signed NCNDA/IMFPA.