FOB Price
Get Latest Price39 ~ 37 / Barrel
|Minimum Order
Place of Origin:
-
Price for Minimum Order:
Minimum Order Quantity:
2000000 Barrel
Packaging Detail:
Metric Ton
Delivery Time:
15 to 20 days
Supplying Ability:
5000000 Barrel per Month
Payment Type:
T/T, L/C
Malaysia
Contact Person Aprila
Transaction procedure
1. Buyer issues official ICPO/LOI
2. Seller issues draft contract with commercial invoice to
buyer, buyer sign and return to seller for final endorsement.
3. Buyer to utilize the services of nominated and approved tank farm for temporary storage in Rotterdam.
4. Seller issues POP documents to buyer.
a) Product quality passport.
b) Copy of refinery commitment.
c) Copy of export licence.
d) Copy of statement of availability of the product.
e) Refinery affidavit.
f) Certificate of origin.
g) Pre injection report.
5. Within a maximum of *2 hours buyer send to seller the seller tank storage agreement (TSA). Then seller verifies the TSA and ask buyer to provide tank storage receipts (TSR) to receive the product in Rotterdam/ Primorsk/ Ust Luga ports
6. Seller issues to buyer the dip test authorization (DTA)
7. Buyer conduct dip test and makes payment for the total product value and seller transfer ownership title to buyer and issues ATS simultaneously.
8. Seller pay commissions to seller side and buyer side intermediaries via MT**3.