D2 SPOT 500k in tanks, FOB Rotterdam, $880 per mt, buyer needed now (Offer to Sell)
Trade Lead Description:
D2 SPOT 500,000 MT FOB ROTTERDAM, $880 PER MT with ATESTATION LETTER & TANK RECEIPTS
Procedures:
1. Buyer signs NCNDA-IMFPA and ICFPA. 2. Seller FCO and attestation letter. 3. Buyer sends ICPO and BCL. 4. Buyer and seller sign agreement and sends the tank receipt
5. Upon receipt and verification of the tank receipts, the same day Buyer pays Seller by MT 103. 6. Buyer takes control of product with immediate effect
ICPO TO: PENEXOGAZ Group Max Trading Ltd
Posted from US - New York on 18 December, 2008
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