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D2 Spot and Contract (Offer to Sell)

Nareshpal
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Trade Lead Description:

Dear Sir

We deal directly with seller mandate for D2 and Jet Fuel. At this moment we have the following D2 SPOT offer.

10MMT spot. Price is $700/690 CIF.

1. Buyer sends NCNDA+IMFPA signed + ICPO with authorization for SOFT PROBE

2. Seller Issues FCO (along with contract if it is requested by Buyer).

3. Buyer signs and returns FCO

4. Seller Issues the contract to Buyer to sign and return.

5. Seller's bank sends Conditional POP to Buyer's bank. Shipment and delivery

6. Buyer instructs his bank to issue POF to seller's designated bank on bank-to-bank basis.

7. Seller's bank after verifying the POF authenticity then send their FULL POP to Buyer's bank on bank to bank basis.

8. Buyer's bank verifies POP authenticity ASAP. Buyer then sends transfer of funds by MT103, the Seller transfers Merchandise TITLE, The DEED of OWNER-SHIP to Buyer.

9. Delivery commence as in agreed contract.

Thanks
Naresh
Type of Offer: Offer to Sell
Quantity: 100,000mt and above
Packaging: Not Specified
Price / Incoterms Conditions: $600+

Posted from Malaysia - Wilayah Persekutuan on 31 December, 2014
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Company Details
Company Name: Nareshpal Top Member - Become a Top Member
Contact Person: Nareshpal Kaur
Location: Malaysia - Wilayah Persekutuan
Hotels in Wilayah Persekutuan, Malaysia
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Classification: Chemicals - Petroleum Products: Crude Oil
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