Spot Jp54 rotterdam USD $53/57 (Offer to Sell)

Lakmitek Enterprises

Trade Lead Description: JP 54,Five million barrels, FOB Rotterdam, priced USD $53/57 PROCEDURES: •Buyer issues ICPO with complete banking coordinates •Seller issues full Draft Contract with complete banking coordinates •Buyer issues POF to Seller from the Buyer’s Bank (Please See Note Below) •After confirmation of POF, the Seller will provide Buyer with full POP Documents, including SGS reports & Tanker receipts. Buyer will have 24 hours to verify POP •Upon receiving the title of product to Buyer’s Name, the Buyer’s Bank will immediately transfer credit of US$ xxxxxx to Seller’s Name at Seller’s Bank Note: •Seller can accept the following for POF: 1) Pre-Advise Non-Operative Documentary Letter Credit 2) Bank Guarantee blocking funds for 2 International Banking Days •Seller’s banks are Bank of America and Standard Bank •Seller can verify funds Ledger to Ledger if Buyer’s Bank is also Bank of America •Buyer will activate Documentary Letter of Credit for the first month lift-able amount of Posted from India - Tamil Nadu on 31 October, 2009   Type of Offer: Offer to Sell Quantity: Not Specified Packaging: Not Specified Price / Incoterms Conditions: Not Specified Company Name: Lakmitek Enterprises  Contact Person: Gopalan Viswanathan Location: India - Tamil Nadu Hotels in Tamil Nadu, India Companies from India Trade Leads from India Products from India Classification: Chemicals - Petroleum Products: Fuel Oil