Payment Terms:
Upon certified SGS quantity and quality approval by the buyer and his bank, the buyer pays 100% of the available product via MT103.
Shipping Terms:
FOB
Looking for suppliers from:
Worldwide
Product Description:
Buyer is interested to receive quotations for the following RFQ -
Product: Diesel
Specifications:
Type: EN590
D6
Qty MOQ
Initial steps (strictly followed. Don’t send offers if your initial steps are different or if you can’t work with those):
1- Seller sends offer, draft NCNDA+IMFPA signed, and seller’s past proof of inspection report of the product.
2- Buyer then sends an ICPO with their Bank information for seller’s Contract Drafts for mutual signature.
Process continues further:
PROCEDURES FOR FOB PORT ROTTERDAM, HOUSTON AND FUJAIRA
1. Buyer issues ICPO with bank details along with passport photocopy according to seller's procedure.
2. The seller issues a "SPA" and commercial invoice to the buyer, valid for 60 months of fixed prices, and the buyer signs and returns the signed commercial invoice.
3. Seller provides buyer with tank storage receipt (TSR) and Immersion Test Authorization (DTA) from a certified tank farm recommended by the refinery for a minimum of " 7 days ". Note: The buyer does not need to pay to rent the tank for more days as it is the seller's responsibility. The buyer will not pay any expenses to the terminal and tank farm for 60 months. The seller has accepted this.
4. The seller gives the buyer partial POPP documents for the products. All parties sign the NCNDA/IMFPA commission protection fee.
5. Buyer contact Tank Farm to perform SGS inspection or immersion test. (The buyer will not pay any costs for entry to the tank farm. The seller will create all permits free of charge.)
6. Seller sends the following POP Documents to the buyer.
A. Certificate of originality
B. Immersion Test Product
C. Passport
D. SGS Q&A Report
to. Authorization to Sell and Collect (ATSC)
F. Verification Authority (PHYSICALLY)
7. Upon certified SGS quantity and quality approval by the buyer and his bank, the buyer pays 100% of the available product via MT103.
8. The seller changes title to the buyer's name, and the buyer pays the buy-side commission, and the seller pays the sell-side commission according to the official prices in the Cl according to the signed NCNDA/IMFPA.
Please quote for the following wholesale product requirement -
Product : Diesel EN590
Specifications:
Quantity: 100,000 MT x 12
ONLY hit us with your inquiry when you are able to provide us with proper KYC & Past record of mandate and the end seller.
Note that we will only entertaine the vendors who are direct in contact with the end seller, no chain of brokers.
If any of these points are not followed, we will immediately reject your inquiry.
Specifications:
Qty: 100,000tn For Now
30,000mt To 50,000mt Per Trial Shipment
Subsequently after delivery of the trial shipment, term contract for 12 month of 100,000 mt/ month shall follow
