11/08/2024
PRODUCT: DIESEL EN590 10PPM MINIMUM QUANTITY: 150,000 MT / 200,000 MT SPOT SHIPPMENT QUANTITY: 50,000 MT / 100,000 MT PRICE: FOB GROSS USD $ 510 / USD $ 500 NET LOADING PORT: ROTTERDAM, JURONG, FUJAIRA COMMISSION $10, BUYER MANDATE $5 & SELLER MANDATE $5 ORIGIN: KAZAKHSTAN SPECIFICATION: EXPORT STANDARD QUALITY PAYMENT: TT/MT103
TRANSACTION PROCEDURE FOB
1. Buyer confirms Soft Corporate Offer (SCO), upon satisfactory review, Buyer issues
(ICPO) to Seller’s Mandate.
2. Seller issue Commercial invoice (C.I), buyer signs and return to Seller along with (TSA)
issued by the buyer tank farm.
3. Seller Contact Buyer tank farm to verifies (TSA) and Availability of storage space of the
buyer prior to submit POP document.
4. Seller confirms availability of storage space to release POP documents as follow:
a. Conditional / Unconditional DTA – This depends on the response from the Tank Farm.
b. Certificate of origin,
c. Product Passport,
d. Commitment to supply,
e. Export License,
f. 48hours SGS Report,
g. Injection Report.
5. Buyer engages SGS to conduct FRESH DIP TEST on the products in Seller's tanks at
Buyer expense, Upon successful completion, seller issues NCNDA/IMFPA to all intermediaries for commission protection.
6. Upon successful DIP TEST in Seller’s tank, Seller injects the product into Buyer’s tank
sends report of injected products and Buyer makes immediate payment for the total products available by MT103.
7. Seller issue buyer title of ownership certificate and all related export documentation, seller
and buyer sign the monthly contract and buyer provides the banking instrument for contract.
8. Seller pays Commission to all intermediaries involved in this transaction as per signed and sealed NCNDA & IMFPA.
Info detail and procedure CIF : email; [email protected]
Daud Limbong Lebok: +6282158929999
