LIST PRICE UREA 46% – FEBRUARY - 2009
UREA PRILLED AND GRANULAR
Total Volume Monthly
PRILLED GRANULAR Over 12 Months Shipments In
US Dollars In US Dollars 25,000 MT 01 time
(SPOT) $ 310.00 $ 320.00 50,000 MT SPOT $
295.00 $ 305.00 75,000 MT SPOT $ 290.00 $
300.00 150,000 MT 12,500 $ 265.00 $ 275.00
300,000 MT 25,000 $ 245.00 $ 255.00
600,000 MT 50,000 $ 235.00 $ 245.00
1,200,000 MT 100,000 $ 230.00 $ 240.00
1,800,000 MT 150,000 $ 225.00 $ 235.00
2,400,000 MT 200,000 $ 215.00 $ 225.00
3,600,000 MT 300,000 $ 200.00 $ 210.00
4,800,000 MT 400,000 $ 195.00 $ 205.00
Payments forms:
- Seller accepted
ARDLC / RDLC, Irrevocable, Confirmed, Transferable Non Operative
Revolving Letter of Credit from any 50 World Prime Bank or
- One month SBLC - Stand Bye Letters Credit (or
BG – Bank Guaranty) valid for 14 months and 20 days (based on a 12 month
contract) and a MRLC - for the monthly volumes valid for 14 months and
20 days (based on a 12 month contract);
NOTE:
Buyer using for payment 1 (one) month a BG or
SBLC receives a discount of USD $ 5.00 per MT in the above list;
Performance Bond cannot be more than 2%;
POP is provided Bank to Bank after receiving
POF from buyers bank initially; Pricing is
based on the first year annual volumes;
Preliminary procedures:
Buyer sends LOI or ICPO with SOFT PROVE FUNDS;
Seller’s issue sends FCO - Full Corporate
Offer; Buyer return FCO signed and seal (on
each page) + BCL / RWA or MT 799; Seller sends
DRAFT CONTRACT; Buyer return DRAFT CONTRACT
signed and seal (on each page); Seller sends
HARD CONTRACT; Buyer Open non operative payment
instrument; Seller sends the 2% PERFORMANCE
BOND which activates the payment instrument;
Shipment commences as per the terms of the contract.
Destination: CIF ASWP
Shipment: in 30/45 days and rest in every 30
days after receipt of payment instrument to the seller’s bank
Packing: 50 kg bags with polythene inner
suitable for ocean transport Inspection: SGS at
loading port
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