Buyer is interested to receive quotations for the following RFQ -
Product Name: Diesel EN590 10ppm
Specifications :
Quantity: Trial Order:50,000MT & 200,000MT Per Month X 12 Months With R & E. Total Quantity 2.4 Million Tons Per Year
The Seller Needs To Provide 3% Performance Bond To Activate The International Letter of Credit (LC)Issued By Vietnam
From The Second Shipment Onwards Only 2% Performance Bond Is Required
This Is The Operating Procedure Of The Vietnamese Buyer Side Requested
If Seller/refinery Accept It, Buyer & Seller Can Move Forward, Seller Provide FCO To Buyer Reference Asap
Specifications:
Prefer outside of Russia as there are sanctions
Quantity:200,000-300,000 MT montly for one year
PROCEDURES (FOB -TTT):
1.Seller issue offer & after review SCO then Buyer will issue ICPO2. Seller issues Commercial Invoice (Cl) and Buyer will sign and seal Cl along with TSA
3.Seller releases the following documents:-
A) Tank Storage Receipt (TSR)
B) Authorization to verify, (ATV)
C)ATSC (Authority to Sell and Collect)
D)Unconditional DTA
E) Injection Report
F)NCNDA/IMPFA Sign and seal
4. On receipt of above-mentioned documents, buyer conduct dip test with their own SGS Team5. After Successful dip test in seller tank, Buyer presents his TSR or Extend seller tank forinjection
6. Seller starts injection of fuel in the buyer's tanks and Provides full injection report7. Buyer makes 100% payment of the product on receipt of the full injection report8.Seller transfers the title ownership in the Name of the buyer09. Seller pays commissions to all intermediaries involve in this transaction (NCNDA) within 48hours.
Please provide a quotation to the following requirement from importer -
Product : Diesel EN590
Specifications:
Quantity Required : 100,000 MT or more x 12
We want the terms that contain no upfront. NO TSA and NO TSR will be provided until complete verification of product. Seller Shall provide SGS, Injection Report, TSR and Coordinate and shall allow Physical verification.
ONLY after physical verification of the product, TSA & TSR will be provided.
ONLY Send us your inquiry when you are able to do compliance with the above set terms.
