Product Spot/Contract Period Gross$/Net$
D2 Diesel Spot 5million MT Spot 390/370
D2 Diesel Spot 10million MT Spot 380/360
D2 Diesel Spot 20million MT Spot 380/360
D2 Diesel Spot 30million MT Spot 380/360
D2 Diesel Spot 40million MT Spot 370/350
D2 Diesel Spot 60million MT Spot 370/350
D2 Diesel Contract 100,000 MT/mo 12 mo. 390/370
D2 Diesel Contract, 300,000 MT/mo 12 mo. 390/370
D2 Diesel Contract 500,000 MT/mo 12 mo. 380/360
D2 Diesel Contract 1mm MT/mo 12 mo. 370/350
D2 Diesel Contract 5mm MT/mo 12 mo 370/350
D2 Diesel Contract 10m MT/mo 12 mo . 370/350
UNDER CONTRACT
D2 Diesel Contract 25 mm mt/mo 12mo. 360/340
Jp54 Spot 500million bbls Spot 40/34
JP54 Contract 10-20mm BBls/mo 12mo 38/32
Jp54 Contract 50mm BBLS/mo 12mo 36/30
Jp54 Contract 100mm BBls/mo 12mo 36/30
Procedures:
1. Buyer issues ICPO + Soft Probe as Proof of Funds - ICPO
2. Seller issues SCO or FCO with contract
3. Buyer / Seller execute contract
4. Buyer and seller sign contract and lodge with respective banks
5. Buyer issues Mt799 or RWA and receives full pop to approve
6. Once approved Buyer issues MT103
7. The title is consummated as per contract
POP will consist of:
1. Ownership Title
2. Storage tank Receipts
3. Quantity Certificate Issued by SGS
4. Quality Certificate Issued by SGS
5. Certificate of Origin
6. Customs Declaration
7. Copy of Export License
8. Seller's Commercial Invoice
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