Place of Origin:
Russian Federation
Brand Name:
Model Number:
GOST #305-82
Petroleum Asphalt
Detailed Description

Commodity: D2 GOST #305-82
ORIGIN: Russia
Specification: Standard INDEX45
Quantity: 500,000MT/month (SPOT purchase available)

Commodity: D2 GOST #305-82
ORIGIN: Russia
Specification: Standard INDEX45
Quantity: 500,000MT/month (SPOT purchase available)
Duration: Contract for 12 months/ or (can be extended)
Delivery: FOB, Rotterdam.
Price: USD420/MT FOB, Rotterdam. (Price to be adjusted every 3 months)

Payment: By a Letter Payment Guarantee (LPG) Swift by MT760 + T/T swift by MT103/23 after cargo arrived at destination Port. OR RDLC + T/T
PB: 2% PB shall be issued after receipt of Pre-advice LPG/BG/RDLC
Inspection: Quantity and quality inspected by SGS or recognized surveyor at loading Port and discharge Port.
1. Buyer issues ICPO or LOI with banking information.
1. Seller issues FCO, Buyer shall confirm the order by countersign FCO
2. Seller issues a draft contract for buyer approval and signed by both parties.
3. After signing the contract, within 14 banking days the buyer shall Swift Pre-advice LPG by MT799 to the seller's bank
4. After receipt of Pre-advice LPG, within 14 banking days the seller shall issue a non-operative PB and soft POP to buyers bank.
5. After receipt of non-operative PB within 5-7 banking days, the buyer shall swift LPG by MT760 to sellers bank to activate the non-operative PB automatically.
6. The seller should send full POP after receiving LPG by MT760.
7. Shipment start
8. Within 5 banking days after cargo CIQ/SGS report at Discharge Port, the buyer shall T/T by T103/23 to seller's bank.
Please issue your buyer's ICPO asap since the seller is talking with other buyers.



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