| |
JET A1, $98/$94/BBL-
D6, $1.20/$1.16/GL -
D2, $310/$290/ MT-
EN590, $320/$310/ MT
ONLY FOB, EITHER ROTTERDAM OR HOUSTON
Transaction procedures
1) The Buyer issues and sends an irrevocable corporate purchase order (ICPO) with the seller's transaction procedure along with a passport copy of the company representative.
2) Seller issues Commercial Invoice (CI) to the buyer along with a statement of availability of product and commitment to supply. The buyer signs and returns the Commercial Invoice (CI) to the seller with his signed tank storage agreement(TSA), along with the Buyer Tank Storage Farm’s ATV (Authorization to Verify) for seller’s verification and approval that Tanks have been reserved by the Buyer and ready to receive the product.
3) Seller releases the POP document as below and sends it to the buyer.
• Quantity and Quality Certificate (SGS) 48hrs fresh
• Tank Storage Receipt (TSR).
• Product Passport (Dip Test Result).
• Statement of Product Availability.
• Refinery Commitment to Supply.
• Authorization to Sell/Collect (ATSC).
• Authorization Letter to Verify the Product with the Tank Farm.
• Company Registration Certificate.
4) Within 48 hours’ completion of the injection of the product into the buyer’s tank, the buyer issues 100% TT wire transfer payment to the seller. The seller transfers the title ownership to the buyer.
5) Seller pays commission to all intermediaries
6) The seller issues a 12 months' contract for the buyer Review and Execution.
IF THE ABOVE TERMS AND WORKING PROCEDURES ARE ACCEPTABLE BY YOUR COMPANY, KINDLY ISSUE AN ICPO WITH YOUR CHOICE OF PRODUCT, QUANTITY AND DELIVERY LOCATION, INSERTING THE ABOVE WORKING PROCEDURES (WORD FOR WORD, COPY AND PASTE) IN YOUR ICPO FOR REVIEW AND ACCEPTANCE BY THE SELLER.
ONCE YOUR ICPO IS RECEIVED, THE SELLER WILL SEND HIS COMMERCIAL INVOICE ON SELLER’S LETTERHEAD WITH THE FULL SELLER’S COORDINATES.
YOUR ICPO SHOULD BE ADDRESSED TO:
THE END SELLER VIA FURAX GROUP, Attention: Mr. Pierre MARTIN
|
