Mazut M100
Company Info
Company Published: 2006
Online Postings: Products , Selling Leads
Country/Territory: Taiwan
Business Type: Trading Company, Distributor/Wholesaler
Number of Employees: 11 - 50 People
Online Postings: Products , Selling Leads
Country/Territory: Taiwan
Business Type: Trading Company, Distributor/Wholesaler
Number of Employees: 11 - 50 People
Terms of Payment: L/C,T/T
Detailed Product Description
Country of origin: Russian Federation
Procedure: These Procedures must be given in the buyers ICPO as confirmation of accepting
the sellers terms and procedure, otherwise seller will not issue the FCO or DRAFT.
1. Buyer confirms soft offer and issues ICPO, BCL with right for soft probe.
2. Seller issues FCO.
3. Buyer signs and returns FCO with acceptance letter
4. Seller issues draft contract open for amendments.
5. Upon acceptance of the draft contract, Buyer and Seller execute the contract.
6. Buyer and Seller sign NCND and MFPA.
7. Buyer bulks for allocation with the seller company for the period of the contract.
8. Seller releases allocation number and partial proof of product (POP) to the buyer.
9. Buyers and Sellers bank communicate and agree on the final wording of DL/C.
10. Sellers bank issue non operative 2% PB to the Buyers bank.
11. Sellers bank issues full proof of product (POP) to Buyers bank.
12. The SGS inspection charges will be borne by the Seller.
13. Shipment commences.
If terms are acceptable please provide LOI/ICPO.
Supply Diesel oil ( D2 ) and Mazut 100 ( M100 ) , the payment and procedure as follows for reference , please contact for further if interested.
Inspection: SGS, CCIC or Similar by seller
Country of origin: Russian Federation
Payment Term: By Irrevocable , Revolving , Transferable or non transferable documentary letter of credit , covering one month .
Procedure: These Procedures must be given in the buyers ICPO as confirmation of accepting
the sellers terms and procedure, otherwise seller will not issue the FCO or DRAFT.
1. Buyer confirms soft offer and issues ICPO, BCL with right for soft probe.
2. Seller issues FCO.
3. Buyer signs and returns FCO with acceptance letter
4. Seller issues draft contract open for amendments.
5. Upon acceptance of the draft contract, Buyer and Seller execute the contract.
6. Buyer and Seller sign NCND and MFPA.
7. Buyer bulks for allocation with the seller company for the period of the contract.
8. Seller releases allocation number and partial proof of product (POP) to the buyer.
9. Buyers and Sellers bank communicate and agree on the final wording of DL/C.
10. Sellers bank issue non operative 2% PB to the Buyers bank.
11. Sellers bank issues full proof of product (POP) to Buyers bank.
12. The SGS inspection charges will be borne by the Seller.
13. Shipment commences.
If terms are acceptable please provide LOI/ICPO.
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