SBLC PRICE/MT: 289$ if SBLC as payment Instrument
SBLC PAYMENT INSTRUMENT: 110% Irrevocable, Confirmed SBLC Backed by MT 103 at the loading port
DLC PRRICE/MT: 299$ if DLC as payment Instrument
DLC PAYMENT INSTRUMENT: DLC has to be Irrevocable, Confirmed, Transferable at sight at loading Port
DISCHARGE PORT CIF
PARTIAL SHIPMENT Allowed
INSPECTION: SGS report at port of loading by Seller & Discharge Port at Buyerâ??s cost.
TIMELINES: Within 30 days from the acceptance of SBLC / DLC by our bank
OTHER REQUISITES All other detailed information to be shared after processing of SBLC/DLC
CIF PROCEDURE â?? AT LOADING PORT (SBLC / DLC)
1. Buyer issues ICPO and Acceptance letter with Sellerâ??s delivery procedures on buyer company letterhead along with buyer banking information & company registration certificate.
2. Seller issues SPA to buyer.
3. Buyer signs and returns the SPA to seller with Guarantee of compliance, seller issues partial proof of products to buyer:
a. Export Licence.
b. COO.
c. Irrevocable commitment to supply.
d. Proforma invoice for 1st shipment for 1st month.
e. Statement of the availability of product.
4. Within 7 banking days Buyerâ??s bank sends Transferrable, Irrevocable Operative SBLC VIA MT 760 backed by MT 103/Irrevocable, Confirmed Transferable DLC at sight at loading port according to sellerâ??s bank verbiage to Sellerâ??s nominated bank account for the first month shipment.
5. On acceptance by Sellerâ??s bank, shares 2% PB if SBLC against contract.
6. No PB if DLC/LC against Spot/Trial Order.
7. Seller shares his shipping arrangement with Buyer to align for loading & Q&Q process.
8. On completion of loading, BL and quality check certificate generation, Sellerâ??s bank submits complete set of documents for realization of money against documents with Buyerâ??s bank.
a. NOR/ETA
b. Bill of lading.
c. Export Licence.
d. Vessel Questionnaire 88.
e. Port Storage Agreement.
f. SGS report at loading port.
g. Certificate of Ownership transfer.
h. Charter party agreement to transport the product to discharge port.
i. Copy of Transnet signed contract to transport the product to the loading port.
j. Allocation Transaction passport code certificate by Minister of Energy.
9. The SGS Inspection will be borne by the seller at the loading port, and buyer at the discharge port.
10. Buyerâ??s bank releases payment to sellerâ??s bank by MT103 upon receipt of the shipping documents and confirmation of the Q&Q by SGS/CIQ at loading port.
11. Shipment commences upon confirmation of buyerâ??s payment and arrives at buyerâ??s discharge port within 5-25 days.
12. Seller pays commission within 48 Hours by Swift MT103 to all intermediaries assigned NCNDA/IMFPA.
13. Seller/Buyer proceeds to yearly if they signed draft contract before
Product Description :
Petroleum coke is a byproduct of the oil refinery industry. Petroleum coke refers to all types of carbonaceous solids obtained in petroleum processing, which includes green or raw, calcined and needle petroleum coke. Petroleum coke is used in many applications, including electrodes and anodes. It is also used as a fuel in the metal and brick industries.
Price of product ( USD price or FOB price) :
10.000 MT monthly market price.
100.000 MT monthly market price Less 8%.
Product origin : Russia and Non Russia
Key Specifications/Special Features :
Fuel Grade Petroleum coke of Low/High Sulphur.
Calcium Petroleum coke, Graphitized Petroleum coke.
Raw Petcoke, Anode Grade, Green Grade, Carbon Grade, Cement Grade, Needle coke, etc.
Minimum Order Size and Packgaing details :
Bulk in tanker vessels.
Tanks 20 MT.
Petroleum Coke are made from a mixing material of serval kinds of coal,under a high temperature(1300) process.They are widely used for steelmaking,ferroalloys manufacture or non-ferrous metals smelting,iron castings manufacture or other related metallurgical and foundry industry,because of its special physical and chemical characteristics:high strength and fixed carbon content,low sulfur and low volatile matter content.