Diesel EN590 10ppm on CIF ASWP

Offer Validity: 30 May 2022

Commodity: Diesel EN590 10ppm

Packaging: Bulk

Origin:
Middle East (Oman / UAE / IRAQ )

Quantities:
30,0000 MT (minimum) – 100,0000 MT
Trial shipment + 12-Month contract

Delivery:
CIF named world port

Price :
Arab Gulf Platts < AAIDT00 > less US$10 per MT / less US$6 per MT

Commission:
US$4 per MT for buy & sell side intermediaries

Inspection: By SGS or equivalent

Payment: DLC MT700

1. Buyer sends RFQ to receive written offer (i.e. SCO) from the Seller.
2. Seller issues Offer.
3. Buyer issues Purchase Order / Letter of Acceptance of Offer along with Buyers Company Profile and RWA letter.
4. Seller issues contract to buyer. Buyer reviews, makes any necessary amendments, signs and sends it back to seller in Word format, within three (3) working days. Seller Issues commercial invoice for first shipment.
5. Buyer issues DLC MT700 of the value of total cargo instrument by swift to the seller’s nominated bank account to receive the instrument, within a maximum of five (5) working days of receiving the signed CI.
6. Seller issues NCNDA-IMFPA for intermediaries.
7. Shipment commences as scheduled in the contract and upon arrival of the cargo at the discharge port, Buyer’s inspection team carries out Q&Q inspection at the discharge port to ascertain quality and quantity.
8. Product is discharged into buyer’s storage facility after successful inspection. Seller presents shipping documents to advising bank after shipment to effect the payment.
9. After receipt of the buyers payment, Seller pays all intermediaries involved in the transaction as per the NCNDA/IMFPA signed by the parties involved.
10. Buyer issues SBLC MT760 valid for 12 months and contract shipments commences.