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Response for Al-Almeen AL-Arabia.gen.trading kuwait D2 contract
21-05-2019
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Royal Light General Trading LLC Headquarters
Company Information
We are Royal Light General Trading LLC based in Dubai, UAE. We are member of TradeKey.com since April, 2010. Our business is related to Energy Products industry and we specifically deal in Diesel Gas D2 GOST 305-82, Avaition Kerosene 54 Jet Fuel. Please find our product details below:
D2 and JP54
Jet Fuel: Platts Minus $10 /$ 8
10 MILLION BBL 10 % LIFTABLE
Diesel: Platts Minus $23/$20
2 MILLION MT D2 SPOT 10 % LIFTABLE
1. Buyer issues ICPO with Bank coordinates
2. Seller issues Draft Contract
3. Seller issues Proforma Invoice for Liftable Amount
4. Buyer issues IRDLC for one month’s shipment
5. Seller issues Full POP and 2% Performance Bond
6. Buyer conducts dip test, issues MT103 to seller’s bank
7. Seller transfers title
Diesel Gas D2 GOST 305-82
Diesel Gas D2 GOST 305-82
Monthly Quantity: Minimum 6, 000, 000 mt (500, 000 mt x 12 months),
Maximum 600, 000, 000 mt (50, 000, 000 mt x 12 months
Duration: 12 Month CONTRACT
Performance bond: 2%
Cargo survey: SGS inspections
Diesel Gasoil Gost D2 305-82
OUR POSITION:- We are authorised facilitator of the seller side and our seller will not pay to any buyer side chain. Buyer side chain has to protect themselves with the buyer directly. We do not need your buyer NCNDA/IMFPA to protect us, as we already protected with the SELLER.
ICPO/LOI :- It is upto your buyer that he will come with ICPO or LOI. It should be cleared state that what he is looking to the seller. It should be issue to seller and attention to him directly via Representative. Both end names are in the offer attached
PRICES:- It is Platt minus 07 percent. Suppose today's price is 766 dollars per metric tons where we are offering 716 dollars per metric tons. It is 50 (Fifty) dollars less from the market price. Seller will only take from your buyer the price, without including the commission like other gives gross and net.
POP:- Partial POP will be given after the draft contract and readiness letter. Soft pop which will be given to you buyer will be a paper by bank to bank directly from the refinery. it will not the SGS REPORT / DIPTEST ***** We are working with the PRODUCTION LINE. Where you can find that on the refinery letter head the partial pop.
READINESS LETTER:- It is just a single paper letter to be sent to the seller bank which said we buyer bank are already and willing to send the money to you seller bank after receiving the Partial POP.
COMMISSION:- As I already informed you that we are not looking for protection. We will be paid from the price your buyer will give.
SPOT/CONTRACT:- We do only CONTRACT CIF not FOB.
D2:- Yes we have this product to be delivered, min 100k to one million.
JP54:- No we are not offering you this product.
Mazut100-99:- Yes we have this product to be delivered, min 100k to one million.
ABOUT SELLER: They are Authorised from the 08 (Eight) Refineries to provide you the Partial POP directly from the refineries itself before having money or swift money. They only need to see the financial capabilities.
BANK FINANCIAL:- If your buyer will not able to have the bank letter head it, then we will consider the buyer letter head where bank will stamped and signed by their officers and their details.
OFFER + SPECIFICATION + LOI + BANK FINANCIAL LETTER is attached in one PDF file.
Our highly request to your buyer please understand every points. Because we do not want to waste your time and our time. We know every well us that we are offering our best competed price. Buyer has no RISK found in the Procedures. If you and your buyer will find any RISK then please let us know we will help you and your buyer out.
Diesel Gas Oil
1: Buyer give LOI/ICPO with the Financial Capabilities.
2: Seller will issue Draft Contract.
3: Buyer and Seller will negotiate on this stage and submit in their banks.
4: Buyer will swift the Readiness letter to seller bank.
5: Seller will forward from his bank a Verifiable Soft POP along 2% performance Bond.
6: Buyer will issue IRDLC
shipping start.
Thank you for taking time to go through our business profile. If there are any questions, inquiries or comments, please feel free to contact us.