Petroleum Coke Russia Origin CIF ASWP

Description

(Offer Code: ANG-C**3/PC)

PETROLEUM COKE CIF ASWP

Origin: Russian Federation

Quantity:
Minimum: *0,**0 Metric Tons Per Month
Maximum: **0,**0 Metric Tons Per Month

Incoterms: CIF ASWP

CIF Price: Gross USD *0.*0 Per MT / Net USD *0.*0 Per MT

Contract Term: *2 Months Minimum (With Rolls and Extensions)

Payment Term: MT**3 covered by BG/SBLC via MT**0 or DLC MT**0

Inspection: By SGS/CIQ

Specification:
Humidity: 7% Max..
Ash: 1.5% Max.
Sulphur: 5% Max.
Volatile Materials: *5% Max.
Water Soluble Substance: 1% Max.
Silicon and Iron: 0.1% Max.
Superior Caloric Power: 8,**0 Kcal/Kg Min.


CIF TRANSACTION ROCEDURE

1.  Buyer issues Irrevocable Corporate Purchase Order (ICPO) addressed to the Seller Refinery along with company profile and Buyers passport.

2.  Seller issues the draft SPA for Buyer\'s review and signing.

3.  Seller legalizes and registers the contracts with insurance company and notarizes it with the appropriate Authorities of the ministry of energy along with the below PPOP document.
a)  Product Quality Passport-Quality Certificate
b)  Certificate of Product Origin
c)  Product availability
d)  Commitment letter to supply the product from Ministry of Energy
e)  ATSC

4.  Buyers bank issues MT**9 to Sellers nominated bank informing readiness to issue agreed financial Instrument (SBLC/DLC). Buyers bank in accordance with Sellers verbiage shall issue SBLC/DLC within six (6) working days for first shipments value to Sellers financial bank to enable Seller commence loading of product with the shipping company. Seller to finalize loading within six (6) working days.

But if Buyer fails to issue SBLC/DLC within six (6) working days, as an alternative provision Buyer pays $**0,**0 to Seller nominated RUSSIA insurance company within seven (7) days, which will be deducted from the products invoice value of product at destination port.

5.  After confirmation by Sellers bank, Seller at own expense, charters with shipping/logistic company and alert Buyer on shipment ordered graphic/schedule accompanied with submission of nominated Vessel details to Buyer.

6.  Sellers bank responds with contractual operative 2% PB and full POP to Buyers bank within seventy two (*2) hours since Buyers instrument confirmed by Sellers bank.
a)  Copy of the Port Storage Agreement
b)  Copy of the CPA, to Transport the Product to Discharge Port
c)  Vessel Q*8
d)  Original BL (full set)
e)  Copy of SGS Report

7.  Upon successful product confirmation against SGS/CIQ Report of Quality and Quantity at destination port, Buyer makes payment by MT**3.

8.  Seller and Buyer, within seventy two (*2) hours, Seller pays commissions to Sellers side and Buyer pays Buyers side intermediaries involved in the transaction.


Note:
- Prices are subject to change without prior notice.
- Procedures are non negotiable. 

For inquiry, please contact us for proceed further.