This offer for D2 is for 500K to 5M MTs...the price is $30 below Platt.
The D2 is in Houston.
After the ICPO to the Seller, this would be the procedures in full.
750k mt IN TANKS AS PER 11/27/08.
1.- COMMODITY: Russian D2 known as: LO.2/62 COST 305-82.
2. -QUANTITY: X'000'000 MT +/- 5% SPOT SALE.
3. - Delivery: Ex Storage tanks in Houston, Texas.
In accordance with the delivery schedule as per Appendix A. To be presented
by
the buyer. (X,000,000MT with delivery from shore tanks.)
Delivery schedule to start within 10 days or sooner subject unsold. (* In
case
of low inventory at time of first delivery, our stock is replenished on
regular bases and delivery will
be scheduled accordingly.)
4.-ORIGIN: RUSSIA.
5. - The Seller will make the first shipment ready for delivery within five
(5 to 10) days or sooner after receipt of confirmed verified and acceptable
payment instrument, and immediately notify it's arrangements to the Buyer.
a) The buyer bank issue fax indicating capability to sellers Bank.
b) The buyers bank verifies the funds. And when OK...
c) POP from the allocation holder will be present to the Buyer.
d) The Buyer verifies the POP via SGS or equivalent institution. When
confirmed
OK, and then the
e) Buyer will make payment by MT103/23 direct to the Sellers Bank.
f) The buyer take delivery of the goods by transfer ownership title which
transaction will be executed by the Seller legal office and at the same time
g) The buyer Bank release MT103/23 for full payment of xxxxxx
h) Total Contract value US xxx00,000