D1 -D2 -D6 – EN590 – MAZUT 100-99 / MAZUT 100-75 – LPG – JP54/JA1 – RFM-Russian – R.1


R.F.M. Russian – R.1 – Info – Details

COMMODITY D1 -D2 -D6 – EN590 – MAZUT 100-99 / MAZUT 100-75 – LPG – JP54/JA1
ORIGIN OF COMMODITY RUSSIA
QUANTITY OF PRODUCT First delivery starts 30 days after seller’s bank confirmation of the BG / transferable SBLC Minimum Liftable is 10.000 MT which can be increased to Up 300.000 MT or more 500.000 MT / month
DURATION No spot.   Only Contract delivery   x12 Months with R&E
PRICE WE PLATT  minus ….  per MT –  ……..discount  (average 3 days Platts on day of lift)  INCLUDING  SELLER SIDE & BUYER SIDE: PAID BY SELLER
DELIVERY TERMS FOB  Russian ports Primorsk or De Kastri
PAYMENT TERMS Payment at the loading Port . Bank Guarantee or Transferable SBLC to guarantee the contract  in accordance with the agreed procedures

R.F.M. Russian – R.1 – Procedure

 

1) Buyer send LOI along with company Profile & Bank info  to  RFM

2) Seller issues FCO

3) Buyer issues ICPO / FPA and BCL along with ATV

4) Seller issues Draft Contract

5) Seller and Buyer sign contract submit to the bank.

6) Seller issues documents confirming the performance of the agreement

7) Buyer opens Bank guarantee or Transferable SBLC

8)  Execution of delivery

9) Payment of the Product at the loading port

10) Selling  prices:  WE PLATT  minus ??????.USD per MT  upon request

11) Inco terms FOB  Russian ports primorsk or de kastri

first (trial)delivery starts 30 days after seller’s bank confirmation of the 

BG /transferable SBLC


 

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 And as follow here are:

Russian – R.1 – Letter Of Intent  (LOI)  and The  COMPANY PROFILE (CP)

(This is to print out  & add to your letterhead)