E-mail:feltonglobaltrade@msn.com
Regard Henry Felton
Please note the following information for the product UREA:
1 - The BCL should be in the format as attached
2 - The payment form should be with FFARDLC
3 - You should send the L.O.I. addressed to:
Date: Oct. 8, 2008
UREA 46% Prilled/Granular
COMMODITY: UREA 46% N
(Agricultural Grade ?oB?)
Total Requirement: from 500.000 MT to
4.000.000MT (+-5%)
Monthly Requirement: 12.500,25.000 or 50.000 MT (+-5%)
Duration of Contract:
Twelve (12) consecutive months
Origin: RUSSIAN
FEDERATION
PRICE PER MT:
until to 499.000MT..... USD 265/MT with PB 2%
up to 500.000MT
........USD 260/MT with PB 2%
up to 1.000.000MT ..... USD 255/MT with PB 2%
up to 2.000.000MT......
USD 245/MT with PB 2%
up
to3.500.000MT....... USD 240/MT with PB 2%
(for Urea Granular add 5
$/MT)
Commission: Above are NET prices without
commission
Buyer should
mark up from above prices and based on 50-50% for seller side and buyer
side
OVERPRICING ALLOWED. NO SPOT DEALS.
INCOTERMS: CIF ASWP no China and santionated USA ports
DELIVERY: Shipments commence within 40/45 days from date of
Seller receipt of the
acceptable operative payment
Instrument from Buyer.
DELIVERIES SCHEDULE: Due within 5 days following
exchange of the final
signed hard copies of contract between the Buyer and
Seller.
PAYMENT TERMS: Transferable FFRDLC ?"Fully Funded Revolving
Documentary Letter of
credit. The Buyer shall open a Irrevocable Fully Funded L/C,
transferable and payable
on sight 100% revolving for the amount of one months delivery
given for the duration
of the contract period and listing (seller) as beneficiary, for an
amount in US dollars
sufficient to cover one hundred percent (100%) CIF included, at
sight of the shipment
(+/-5 %). An international top 50 rated bank will issue the said
L/C through the bank
SWIFT operativeness of L/C.
OR
As guarantee a Transferable ARSBLC ?"Auto
Revolving Standby Letter of Credit
IRREVOCABLE, CONFIRMED, TRANSFERABLE,
AUTO-REVOLVING, STANDBY L/C
The Buyer shall open as guarantee a Irrevocable,
confirmed, transferable, auto ?"
revolving L/C and payable on sight 100%
revolving for the amount of two months delivery
given for the duration of the contract period(12
months plus 3 months in case of dealy)
and listing (seller) as beneficiary, for an
amount in US dollars sufficient to cover one
hundred percent (100%) CIF included, at sight of
the shipment (+/-5 %). An
international top 50 rated bank will issue the
said L/C through the bank SWIFT non
operative of L/C.
The Buyer shall make the payment through
Transferable RDLC for the amount of one
months delivery given for the duration of the
contract period and listing (seller) as
beneficiary, for an amount in US dollars
sufficient to cover one hundred percent (100%)
CIF included, at sight of the shipment (+/-5 %).
PRODUCT SPECIFICATIONS:
~ UREA CARBAMIDE, CARBONLYLDIAMIDE, PRILLED,
AGRICULTURAL, GOST
~
2081-92, MARK "B" EMPERICAL FORMULA & GRADES OF PURITY H2N-CONH2,
~ TECHNICAL, CP, GRADE
?oB? (46%N)
~
NITROGEN 46.0% BY WEIGHT MINIMUM
~ MOISTURE 0.3% MAXIMUM
~ BIURET 1% MAXIMUM BY WEIGHT
~ FISPER 0.35 MAXIMUM
~ ANTI-CAKING AGENT
0.5% MAXIMUM
~ FREE
AMMONIA 160 PXT PPM MAXIMUM
~ GRANULATION DIMENSION FROM 1-4 MM: 90%
MINIMUM
~ DIMENSION
LESS THAN 1 MM: ABSENCE
~ MELTING POINT @ 132 DEGREE CENTIGRADE
~ COLOUR PURE WHITE
~ ODOR THRESHOLD ODORLESS OR SLIGHT AMMONIA
~ BOILING POINT
DECOMPOSES BEFORE BOILING
~ HAZARDOUS INGREDIENTS NONE ACCORDING TO
CONTROLLED
~ PRODUCT
REGULATIONS
~
NON-CLOTTED 100% FREE FROM HARMFUL SUBSTANCES
~ INTERNATIONALLY ACCEPTED STANDARD FOR UREA
46% PRILLED
~ FREE
FLOWING, TREATED WITH ANTI-CAKING TREATMENT
~ FREE FROM IMPURITIES, SAND, DUST AND
CERTIFIED NON
~
RADIOACTIVE
~ PHYSICAL
STATE SOLID @ 20 DEGREES CENTIGRADE - 101KPA WHITE
~ GRANULES
~ SPECIFIC GRAVITY
SOLID @ 20 DEGREES CENTIGRADE ?" 1.335 T/M3
~ VAPOR DENSITY NOT APPLICABLE
~ MOLECULAR WEIGHT
60.065
~ FLOATABILITY
IN WATER ?" SINKS AND MIXES
DOCUMENTS REQUIRED FOR
PAYMENTS RELEASE:
1) Original and manually signed Commercial
invoices indicating Financial Instruments
Number and contract number in 1 originals and 3
negotiable copies;
2)
Full set Clean on Board Bill of Lading, issued by the shipping company
and/or the
captain/master of the vessel made out to order, notifying the Buyer or
Buyer?Ts Agent,
blank
endorsed and marked: freight prepaid, in 1 originals and 3 copies;
3) Packing List showing
Gross/Net weight and indicating the number of Ocean Bill of
Lading and packing
conditions, in 1 original and 3 copies;
4) Certificate of Non-Radiation, in 1 original
and 3 copies;
5)
Certificate of Origin issued by or endorsed the Chamber of Commerce,
and/or the
Department of
Trade, and/or the Ministry of Trade and Industry of the country of
origin,made out ?oto
whom it may concern? issued in 1 original and 3 copies;
6) Certificate of
Quality and Quantity (indicating total weight) issued by SGS at the
port of loading, in 1
original and 3 copies;
7) All Risk Insurance Certificate on 110% of each one shipment?Ts value
in favor of the
buyer,
at Seller?Ts expense, in 1 originals and 3 copies.
CONTRACT PROCEDURES:
1) Buyer issues LOI/ICPO and BCL with
authorization for soft probe;
2) Seller issues Draft Contract open for
amendments in favor of the Buyer;
3) Buyer returns signed draft contract within 48
hours;
4) Seller sends
five (5) Hard Contract copies duly signed and sealed to the Buyer;
5) Buyer signs & seals
all 5 Hard Contract copies and returns three (3) to the Seller;
6) Both parties lodge
Contracts in their respective Banks;
7) Within seven (7) working days of receiving
the final Hard Contract copies, the Buyer
will issue the Non Operative Letter of Credit in
favor of the Seller;
9)
Within five (5) working days following receipt of the Non Operative
Letter of
Credit,the
Seller will post the 2% Performance Bond over the total of the Financial
Intruments face value
and will provide Proof of Product to the Buyer?Ts Bank which will
active the LC
automatically.
10)
Delivery commences as per scheduled deliveries mutually defined and
agreed
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