The JP 54 offer
Product: JP 54
Specifications: As attached
Price: 58.00$ / barrel on a contract of 12 months CIF seller's Tanker at Rotterdam
& 65.00$ / barrel on a spot order CIF seller's Tanker at Rotterdam as per MOQ
Minimum Order 1 million barrels. For lower quantity, price is to be re-negotiated
Payment With an Irrevocable, Transferable SBLC equivalent to 1 month delivery, valid for 366 days from an Internationally acceptable bank. This SBLC will act only as a security document in case of default.
Monthly payments will be by MT 103/TT within 5 working days after delivery and dip test.
Performance Bond 2% of the 1 month's shipment value will be provided for contract orders and after receipt of Buyer’s operative financial instruments.
Supplier has agreed to a 6 month contract also along the lines of the same procedures and payment terms. (With a 2% PB )
2% PB for the Spot shipment also can be reviewed.
Procedures will be spelt out in the SPA after we receive the ICPO
Commissions 1$ is open for buyer side intermediaries.
The ICPO (with full banking details along with a "Soft Probe Authorization" should be addressed to:
Commodities Trading Group Sdn Bhd via GLOBAL STOCKS
If you are interested in buying this stock offer or you have any questions feel free to contact us.
