D2-M100 fuel oil

BUY SIDE COMMISSION IS FULLY OPEN

PRODUCT:                              DIESEL FUEL L 0.2 62, GOST 305 82   RUSSIAN GASOIL D2 

SPECIFICATIONS:                  AS PER ATTACHED 

QUANTITIY:                             Min oreder Qty is 100,000MTx12 months 

ORIGIN:                                    RUSSIA 

PERIOD:                                   CONTRACT 

DELIVERY TERMS:                  

Fixed amount of discount to Platt's price.(when Platt price of D2 is above USD500)

PRICE D2

HSD2/MGO Russia (cetane Index 45)

FOB Rotterdam USD360perMT /USD350perMT with Platts limit USD500perMT

FOB Rotterdam USD460perMT/USD450perMT with  Platt Limit  USD600per MT

CIF Rotterdam USD370perMT /USD360perMT with Platt limit   USD500perMT

CIF Rotterdam USD470perMT/USD460perMT with  Platt limit   USD600perMT

CIF China/Houston  USD395perMT/USD385perMT with Platt limit  USD500perMT

CIF China/Houston  USD495perMT/USD485perMT with Platt limit   USD600perMT

INSPECTION:                           SGS OR SAYBOLT 

PRICE:                                      NETT /GROSS. 

PAYMENT:                               Irrevocable Transferable Divisible Revolving Monthly Letter of Credit or MT103.             
Non Transferable LC adds XX USD. 
 

PROCEDURES:   

  The Buyer provides ICPO with full banking coordinates.
Seller Issues FCO, Buyer sign the FCO on the acceptance of the terms and procedures.
Seller provides Draft Contract to Buyer, revise and confirm by initial. Seller and Buyer exchange the signed contract via electronic mail, which shall be deemed legally binding and enforceable. The contract will registered in Seller's and Buyer's banks within 2 Banking Days after signing.
The Buyer's Bank issue the BG/SBLC/TDLC ICC458 Text by swift MT799, within 7 to 10 International Banking Days.
The Seller provide part POP & Non-Operative 2% PB within 10 to 20 Banking Days from the confirmation and acceptance swift MT799 text.
Buyer's Bank issue and swift BG/SBLC/TDLC ICC458 by swift MT760 within 7 Banking Days.
Seller provides Full POP to the Buyer's Bank.
      POP shall consist of the following documents:
            Copy of License to export issued by the Russian Ministry of Energy.
            Copy of Approval to export issued by the Russian Ministry of Finance.
            Copy of Statement of Availability of the Product.
            Copy of Charter Party Agreement (s) to transport the product to discharge or Authority    number, name of loading port  and contract number.
7. Seller charter ships according to Charter Party agreement and shipments ETA.
8. Seller provides SGS report at Loading Port/ Tanker Receipts to the Buyer/ Buyers Bank. The buyer  issue MT103/23 on TT payment base on the shipments delivery.
9. First shipment delivery will be within 30 to 45 International Banking Days after acceptance Bank  Instrument Guarantee swift MT760.
10. Product is delivered as per Contract.          

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Thank you

Best  Regards
Jimmy Teo