Find Verified Letter Racks Suppliers, Manufacturers and Wholesalers

TANK TO TANK & TANK TO VESSEL
COMMODITY: EN 590 10 PPM
TRIAL QTY: 100,000 MT OR 200,000 MT (Up to Buyer's requirement)
CONTRACT QTY: 400,000 METRIC TONS ROLLS & EXTENSIONS
PRICE: $520/$530 PER MT
DELIVERY: FOB, ROTTERDAM, NETHERLANDS AND HOUSTON
PAYMENT: SBLC/MT103
1. Buyer issues ICPO in line with Sellerâ??s procedure and Tank Storage Agreement (TSA) / Charter Party Agreement (CPA) as proof of storage Tank or Storage Vessel availability or Buyer extends Sellerâ??s tanks.
2. Seller reviews Buyerâ??s ICPO/TSA/CPA and if accepted, Seller issuesâ??
a) Commercial Invoice;
b) Commitment Letter to Supply;
c) Statement of Product Availability;
d) Product Passport (Q&Q report) of the product in Tanks at the
port;
e) Buyer and Buyerâ??s Logistics sign the Commercial Invoice or Buyer extends Sellerâ??s tanks.
3. Upon receipt of the endorsed Commercial Invoice, Seller issues the below PPOP documents:
a) Unconditional Dip Test Authorization (D.T.A);
b) Fresh SGS Report (Not older than 72 hours);
c) Loading Port Injection Report (P.I.R);
d) Certificate of Origin;
e) Tank Storage Receipt (TSR);
f) ATSC.
4. Upon successful verification of the Full POP documents, Buyer orders His/her SGS/Intertek or its equivalent team to conduct Dip Test on the product in Sellerâ??s tank at Buyerâ??s expense.
5. Following the completion of the Dip Test, Buyer provides His/her storage receipt (TSR) / (Q88 to Seller, injection commences into Buyerâ??s leased storage tanks or vessel and upon completion of
injection, issues to Buyer FULL Injection Report.
6. Seller issues and endorses NCNDA/IMFPA duly signed by all Parties and Buyer makes 100% payment by MT103 TT wire transfer for the total product and Seller pays commission to all intermediaries involved in the transaction within 24 hours upon confirmation of Buyer's payment.
7. Seller issues Draft Sales Purchase Agreement (SPA) to buyer to review for R&E monthly deliveries (Optional).
8. Buyer reviews and approves the SPA and issues SBLC/IRDLC irrevocable, non-transferable, auto revolving for 12 monthly shipment value documentary letter of credit for length of contract and for each lift per schedule. Buyer pays after dip test by MT103 Wire transfer on each monthly quantity.
9. The subsequent delivery shall commence according to the terms and conditions of the contract.
Please note that no third party Tank Storage Accounts will be accepted the account must be in the name of the contractual party OR if the TSA/CPA is in a third party name we require the Joint Venture Agreement between the parties for acceptance. We need Approval from third-party Storage facilitator, whether it is a vessel (CPA) or a tank (TSA).
We trust the above is in order.

Sugar icumsa 45
Article1. Commodity, quality, quantity, price and packing
Specification, international inspection authority at loading port shall confirm products with the following ;
Commodity refined white cane sugar
Originbrazil, south america.
Qualityicumsa 45 rbu max
Polarization 99.80% min. At 20 degree c.
Moisture0.04% max
Ash content0.04% max
Solubility100% dry&free flowing
Granulationfine
Colourcrystal white
So220 ppm
Radiation normal without presence of cesium or iodine
Sedimentsnone
Smellfree from any unusual or abnormal smell
Crop:2003/2004 or current available
Qyantity sblc ffdlc
12, 500 178198
25, 000 173193
50, 000 168188
100, 000 158178
200, 000 143168
400, 000 141164
500, 000 139161
700, 000 131158
1, 000, 000 130138
2, 000, 000 129136
4, 000, 000 127133
6, 000, 000 124131
8, 000, 000 122128
10, 000, 000 120126
Sblc for whole contract value
Ffdlc for whole contract value
All price is on cif aswp without commission
Procedure non-negotiable
1a letter of intent (loi) of purchase with target price fob or cif
On the company letterhead
2a certificate of financial capacity (bank comfort letter - bcl)
In return we will forward to you
3a full corporate offer (fco) signed between the two parts
With notice of letter of credit
4draft contract*
5hard contract signed between the two parts *
6 opening of the non-operative lc. *
7installation of the performance bond 2% maximum, simultaneously
Lc becomes operational that is passed from bank to bank
8documents pop & pof set up themselves of bank at bank
*the buyer signs the draft, turns over it with a notice of opening of the lc. After that, the seller returns the signed draft, thus the draft to him becomes the official contract.
The seller deposits the 2% of performance bond, and after the buyer opens the lc.

50 kg