I am seller side. My principal has full POP. This offer is something picked up other than usual contracts with Refinery. You have a chance to buy spot below (better pricing) and then you can move immediately forward on contracts of D2 (-5% platts 2m x12) then move to others.
FOB Rotterdam
-10% platts
4m mt spot - D2
2m mt liftable
60 day take down
general procedures:
Seller delivers Draft Contract, which is signed, sealed and returned by the Buyer.
Seller will submit bank letter for product availability with full banking responsibility.
Buyers bank will authenticate the letter via Bank to bank e-mail per procedures to be supplied later.
Buyer issues POF, Seller provides buyer with POP.
After POP verification the Buyer makes payment via MT103 for the first month and issues RDLC for the second month and subsequent shipments.
PRINCIPALS OR MAJORS ONLY [United States]
