Trade Lead Description:
PRODUCT: Russian Heavy Fuel Oil/Mazut M100
QUANTITY: 300,000 MT
TERM: 12 Months possible extension
PRICE: $595 USD per Metric Ton
DELIVERY: FOB, Vladivostok
PAYMENT TYPE: MT103
VALIDITY: 10 days
PROCEDURE: 1. Buyer sends LOI. 2. Seller sends SCO/FCO. 3. Contract signed by both parties including banking contacts
4. Buyer issues conditional MT760, MT 799 or RDLC (specific language) 5. Seller issues 2% Performance Bond, activating Buyers instrument
6. Seller issues Full POP (including DTA, TR and SGS) 7. Buyer pays MT103 upon verification
8. Buyer issues or RDLC for balance of contract
9. Procedures 5 & 6 are repeate
Type of Offer: |
Offer to Sell |
Quantity: |
300000 |
Packaging: |
Not Specified |
Price / Incoterms Conditions: |
595 |
Posted from US - New York on 14 November, 2011
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