have pleasure to confirm our readiness, willingness and ability to buy the following product under the below terms & conditions:
Product ：Russia M100-75
Origin ：Russia
Target Quantity ：100,000MT monthly for 12 months
Destination Port ：China RIZHAO port
Price ：US$295 per MT CIF China
PAYMENT AND BANKING PROCEDURES
1. By irrevocable transferable letter of credit L/C payable 100% at sight at Buyer’s destination port against Shipping Documents and SGS reports, L/C text is attached as Annex C.
2. The Banking procedures are as follows:
1) Seller Company approves and issues draft contract to Buyer which is open for amendments, Buyer return countersigned contract to Seller.
2) Seller issue to buyer partial proof of product (POP) including:-
A): A copy of License to export, issued by the department of the ministry of energy
b): A copy of approval to export, issued by the department of the ministry of justice
c): Copy of the refinery Commitment to produce the product.
d): Copy of statement of availability of the product
e): Tax Certificate
3) Buyer bank issue Irrevocable transferable letter of credit L/C to seller’s bank
4) Seller’s bank issue full set of proof of product (POP) and 2% performance bond to buyer’s bank. The 2% PB will be placed in buyer’s bank account, should the seller fail to supply the cargo of the products, this 2% will be paid to the buyer and intermediaries accordingly as compensation.
5 ) The irrevocable transferable letter of credit L/C for the monthly cargo value within 5 (Five) banking days before receive of 2% PB from the Seller. This action simultaneously and automatically makes the 2% PB from the Seller’s bank and the L/C from the Buyer’s bank operative. This L/C must add discharge port’s SGS report in cash. On second delivery and onwards, the Buyer shall issue the L/C within eight (8) banking days upon receipt 100,000 (One Hundred Thousand) Metric Tons of seller’s documents duly signed by the authorized persons which should include: Certificate of Insurance, Commercial Invoice, Original SGS report from the loading port containing loading details of quantity and quality, B/L date and any other relevant documents. The documents will be e-mailed directly to the Buyer’s office promptly after completion of loading. All documents from the third party accepted by the Buyer. This action and cycle for forwarding of loading port information/documents and issue of LC will continue until completion of the contracted quantity. The SGS inspection charges will be borne by the seller.
3.
1) Seller’s bank issue to buyers bank the proof of product (POP).
The Seller will provide the following documents as POP.:
1. Copy of license to export, issued by the department of the ministry of energy.
2. Copy of approval to export, issued by the department of the ministry of justice.
3. Copy of statement of availability of the product.
4. Copy of the refinery commitment to produce the product.
5. Copy of Transneft contract to transport the product to the port
6. Copy of the port storage agreement
7. Copy of the charter party agreement(s) to transport the product to discharge port.
8. Copy of SGS
Delivery commences as per contract and the shipment should arrive at Buyer’s discharge port
Within 45 days after L/C receiving by Seller’s bank.
All banking charges from the Buyer’s bank shall be borne by the buyer and all banking charges incurred by the Seller at Seller’s bank shall borne by the Seller.
Should any amendments to the L/C be requested once the same had been issued, then the party requesting the change will be responsible for the payment of the related costs, unless changes are needed to construct the instruments in compliance with the contract, then the costs shall be borne by the faulting party.
Дата последнего изменения: 04.06.2012
Дата размещения объявления: 04.06.2012
Показать все объявления от ЯОХУА ХИМ КОМПАНИЯ
Название фирмы: ЯОХУА ХИМ КОМПАНИЯ
Контактное лицо: Люда
E-Mail: Отправить письмо на E-Mail автора объявления
Телефоны фирмы: 86-15192624257
Адрес продавца:
КИТАЙ
Адрес товара/услуги: КИТАЙ
Раздел ТНВЭД:
Код ТНВЭД: 2710196300 | Другие объявления в этом разделе
|
|
|
|
