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
Fill in the
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)