 Spot D2 FOB Rotterdam,2 MMT (Offer to Sell)
Trade Lead Description:
This is a spot offer for 2million metric tonnes,
350,000 MT is in tanks in Rotterdam ready for lifting and balance 500,000 MT per week till contract completes,
PROCEDURES
1) Buyer confirm soft offer and issues an NCND-IMFPA-ICPO.
2) Seller issue Draft Contract.
3) Buyer to sign and seal Draft Contract and return to the Seller.
4) seller provide the Pro-Forma Invoice.
5) Buyer issue Transferable DLC to seller
6) seller sends full POP including SGS Report and tank receipts via bank to bank.
7) Buyer verifies POP and within 24 hrs swift MT 103 for transfer of title, pay and lift.
8) immediate liftable commencing 1st week of October 350,000 m.t. and subsequent weekly of 500,000mt tons till completion of total contracted quantity.
9) Delivery commences as per the agreed contract.
This offer is valid for 3 working days subject unsold basis.
Commission: Seller/Buyer agrees to pay commission to their side of intermediaries
Posted from India - Tamil Nadu on 24 November, 2009
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