We need M100-75 by price:Gross $190 Net $180 per MT CIF Huangdao,China. If you cannot accept the price and below procedure, please don't us:Buyer's CIF Procedure:1: Buyer sends Irrevocable Corporate Purchase Order (ICPO) on its official company letterhead to the seller. 2: Seller issue draft contract, both parties sign & seal the present contract an Show More...
We need M100-75 by price:Gross $190 Net $180 per MT CIF Huangdao,China. If you cannot accept the price and below procedure, please don't us:Buyer's CIF Procedure:1: Buyer sends Irrevocable Corporate Purchase Order (ICPO) on its official company letterhead to the seller. 2: Seller issue draft contract, both parties sign & seal the present contract and texchange the copies electronically. 3: Seller sends hard copy of the notarized and insured POP documents along with the legalized contract to buyer. The Partial POP documents to be send along with the legalized Contract includes: *Allocation Transaction Passport Code Certificate (ATPCC)* Certificate of origin * Company registration certificate * Statement of product availability * Product quality passport (DIP test analysis) * Refinery commitment to produce supply * Refinery Legalized draft contract.* Approve Delivering Schedule. 4: Buyer's bank sends the Irrevocable Documentary ( IRDLC) issued by buyer's bank to seller's bank for the face value of the first whole month shipment.5. Seller's bank sends through swift the original and full Proof of Product (POP) documents along with the 2% operative performance bond to the Buyer's bank .6: Seller releases copies of POP and shipping documents to buyer as follows:. * Copy of the charter party agreement to transport the product to discharge port * Copy of shipping schedule document* Product Analysis Report * Certificate of Origin * Bill of lading * Tank Receipt * Vessel's Q88 * SGS report SGS * Certificate of product. 7: Seller's Bank will confirm to Seller and to Buyer that the Irrevocable Documentary has been accepted and the shipping commences as scheduled in the contract for the CIF delivery. 8: Payment will be made for the product by the Buyer's Bank via T T Mt 103 to the Seller's Bank after the CIQ SGS inspection at port of discharge and the delivery to the Buyer's Bank of all documents required by the contract. 9: Seller releases the commission of the intermediaries immediately
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