SOFT OFFER TO SELL THERMAL COAL - TYPE B
Commodity: Thermal Coal - Type B
We, submit the following proposal for the supply of Thermal Coal.
Quantity: 1,100,000 MT +/- 10% tolerance per month………(LOT 47/53)
Contract Terms: 5 years renewable contract. Port(s) of embarkation: FOB Puerto Bolivar, Guajira, Colombia. Price: FOB USD $ 91.00 per Metric Ton, Includes $1.25 Buyer’s Commission. Payment: Operative and Auto Revolving
Letter of Credit for each month during the 60-month contract irrevocable, confirmed unrestricted unattachable, divisible, transferable and endorsed payable with the presentation of B/L.
Form of Payment: The Commercial SBLC (stand by Letter of credit) payable against presentation of B/L and other shipping documents
Weight: Shall be determined by an independent draft survey at Load port.
These results shall be considered officially binding, and will be the basis for the bill of lading weights and all applicable billing.
Sampling: Shall be determined by a certified independent AUTHORIZED laboratory at loading port.
Origin: Colombia
Requirements: * Must be a final burner with proper certification
* Have not bought in the past three (3) years to the multinationals
GLENCORE, DRUMMOND OR CERREJON
* Financial proof of funds for this contract
Procedure: 1. Seller submits Soft Offer (Firm Commitment Offer) 2. Buyer submits ICPO + BCL TO: ZNIDAR CORPORATION
3. Seller submit draft contract
4. Buyer signs the draft contract, submits the contract with comments and wording of payment instrument
5. Seller sends contract
6. Buyer and Seller Sign the contract
7. Buyer submits payment instruments
8. Seller confirms payment instruments
9. Shipments start
SOFT OFFER TO SELL THERMAL COAL……CON’T
TECHNICAL DATA
Product “B” – Export Quality, As Received Basis Avg Range
Proximate Analysis %% Wt
Gross Heating value: BTU/LB 11.700 11.899
Kcal/Kg 6.500 6.611
Net Heating Value: Kcal/Kg 6.193 6.303
Total Sulfur 0.50 0.79
Ash 6.30 9.30
Volatile Matter 33.00 34.80
Total Moisture 10.20 12.80
Equilibrium Moisture 7.60 9.00
Fixed Carbon 46.10 48.30
Ultimate Analysis %% W Moisture, % 10.20 12.80
Carbon, %61.90 67.70
Hydrogen, %4.50 4.90
Nitrogen, %1.10 1.26
Chiorine, %0.01 0.07
Sulfur, %0.50 0.79
Ash, % 6.30 9.30
Oxygen, %6.72 9.72
Other Analysis
Flucrine ppm 30 60
HGI 45 51
FSI 1.5 3.5
Sulfur Forms
Pyritk, %0.20 0.32
Sulfate, % 0.01 0.07
Organic, %0.32 0.52
Total, % 0.50 0.79
Size
Nominal Top Size Inches
%wt.1/4 kt. 42.0 51.0mm
Crude Oil Analysis for the Week of October 10, 2011
Sunday, 09 October 2011 16:57
bullish supply and demand report surprised traders.The ensuing rally following the bottom reached a downtrending Gann angle that had provided
resistance for the past four weeks. This week the angle drops down to 80.96. Since the market closed at 83.04, December Crude Oil is effectively on the bullish side of this angle. This represents a strong position and could lead to a test of the next downtrending Gann angle at 85.96.
Although the rally was impressive, the main trend is still down on the weekly chart and will remain down until the swing top at 90.96 is violated. Until then, the market is still susceptible to
selling pressure and a volatile supply and demand situation.
Weakness in the Euro on the thought that the European debt crisis would lead to a global
recession helped drive crude oil prices lower early in the week. The weaker Euro meant a
stronger U.S. Dollar, leading to higher prices for commodities priced in dollars. A weak economy
is expected to weigh on demand. All of these factors kept buyers on the sidelines although the
market was rapidly approaching major support under oversold conditions.
Last week’s EIA crude oil inventory report proved to be the catalyst this market needed to
bottom and turn higher. Crude oil rose significantly after the government reporting agency
reported an unexpected drop in U.S. inventories. The news surprised traders and trapped
short-traders who had to scramble to liquidate sizeable positions. The weekly report from the
EIA trumped the pessimistic tone that had been building in the market because of the situation
in Europe. Pre-report estimates were predicting a rise in inventories of 1.5 million barrels. The
actual number was reported as a 4.7 million barrel decrease.
Although short-covering triggered the initial rally, an optimistic tone from Europe regarding
recapitalization of ailing banks and hints from Federal Reserve Chairman Bernanke that the Fed
would announce stimulus if the economy needed it, fueled a recovery in the Euro and
commodities respectively, setting the tone for a rise in crude oil on Thursday.
The news that the European Central Bank and the Bank of England were also going to provide
liquidity to their economies also helped drive down the dollar while triggering additional
short-covering and some fresh buying in the December contract. Finally on Friday, the U.S.
reported a better-than-expected jobs increase in its monthly Non-Farm Payrolls report.
Optimism returned to the risky asset markets because of this report helping crude oil to close
near its high for the week.
Looking back at the week, clearly the surprise decrease in oil stockpiles was the main driver of
trader activity. Although speculation is still high that the U.S. economy may stall, traders are
becoming increasingly optimistic that the economy is being dragged down by the problems in
Europe. Now that it appears that European finance officials seem to have a grasp on the
situation and are turning their focus toward providing liquidity, crude oil may begin a sizeable
recovery rally. At this time much of the rally is still short-covering, but conditions could change
quickly if inventory reports continue to show draw downs and the trend changes to up on the
charts.
Factors Affecting Crude Oil This Week:
• European Sovereign Debt Crisis – The moves last week by the Euro Zone finance ministers
and the European Central Bank are signs that these officials are finally acknowledging that
liquidity and not a Greece default is the main issue triggering the loss of investor confidence.
Traders showed their support of such actions by covering commodity and equity short positions.
However, within a few days these traders may be asking the officials to show more proof that
they are willing to provide enough liquidity now as needed. If the E.U. finance ministers decide
to drag their feet or pledge too little financial support then crude oil could once again weaken.
• Supply and Demand - Some veteran traders are saying that last week’s surprise drop in
supply makes this week’s report a crap shoot as it clearly demonstrated that experts and
analysts may not have a strong grasp on the current supply/demand situation. The problem lies
with whether inventories are expected to drop because of speculation that an economic
slowdown will lead to a decline in demand or that an actual slowdown is controlling the
inventory picture. If demand falls because of an expected slowdown then traders are likely to
continue to be surprised if U.S. economic reports continue to show even a glimmer of growth. It
looks as if bearish traders may have been caught in a “sell the rumor, buy the fact” situation.
By. FX Empire
FXEmpire.com is the Forex flagship site of the FX Empire Network. The FX Empire Network
provides readers with the most expert and most timely technical analyses, fundamental
analyses and news-pieces; this in order to empower them to make for themselves the best
possible financial decisions.
The goods:
Russian GAS Oil D-2
Ten Percent (10%) below Rotterdam Platts
FOB Black Sea port Novorossiysk
Buyer sets and pays commission after LOI
SL/C (covering 2 month quantity) or Irrevocable Confirmed, Non-Transferable Revolving DLC from a prime world bank
According to the terms of the contract, to be mutually agreed upon by Buyer & Seller
According to the terms of the contract, to be mutually agreed upon by Buyer & Seller
Procedure:
2 Seller sends draft contract (open for amendments) to Buyer. Buyer makes
amendments marked in RED and returns to Seller for review and acceptance.
3 Seller and Buyer lodge fully signed and sealed contract with their respective Bank.
4 Seller's Bank sends by SWIFT Partial POP consisting of SGS Report, Dip Test
Authorization and Tank Storage Receipts OR Ocean Bill of Lading, SGS Report,
CPA/Q88, and Authority to Board (ATB) to Buyer's Bank in favour of Buyer.
5 Buyer verifies Partial POP and Buyer's Bank issues SWIFT MT103/23 for all
liftable product and IRREVOCABLE CONFIRMED REVOLVING DOCUMENTARY
LETTER OF CREDIT (IRDLC) for the value of the monthly delivery to Seller's Bank in
favour of Seller.
6 Seller's Bank sends FULL POP to Buyer's Bank in favour of Buyer.
7 Buyer completes Dip Test on liftable product.
8 Buyer pays for product by MT 103 to Seller's Bank in favour of Seller and title is
transferred to Buyer.
SOFT OFFER FROM AUTHORIZED SELLER MANDATE
TO: END BUYER
ATTN: OFFICIAL MANDATE
Sub: SCO for SPOT transaction with Rolls and Extensions.
We solicit your kind attention to the request made to us for product from refinery.
Kindly find the SCO obtained from Seller’s authorized mandate working in JV with refinery. You shall get
guaranteed delivery and at very good price. Please review the offer prices from both refinery.
Kindly sign the document on page
TO : Buyer’s Name
ATTN : Buyer Representative
ADDRES : Buyer’ ADDRESS
SUBJECT : Soft Corporate Offer Ref. No.: UGN_DT001
DATE : 26th SEPTERMBER 2011
DEAR SIR,
We are SELLER IN JOINT VENTURE/PARTNERSHIP WITH THE REFINERY IN RUSSIA hereby confirm with full
corporate legal Responsibility our readiness, ability and capacity to supply, the commodity as
requested according to the terms and conditions:
PRODUCT/PRICE: X3 MONTHS OR 1 TRIAL SHIPMENT
1. RUSSIAN D2 GAS OIL GOST 305-82
Quant it y: 1,600,000.00 MT x 3 Months OR 1 trial shipments
CIF Price: $500/ $380 per MT Gross/Net
FOB Price: $490/ $370 per MT Gross/Net
2. RUSSIA ORIGIN MAZUT 100/75 GOST–1058575
Quantity: 800,000.00 MT x 3 Months OR 1 trial shipments
CIF Price: $325/ $270 per MT Gross/Net
FOB Price: $315/ $310 per MT Gross/Net
3. RUSSIA ORIGIN MAZUT 100/99 GOST–10585-99
Quantity: 1,000,000.00 MT x 3 Months OR 1 trial shipments
CIF Price: $310/ $260 per MT Gross/Net
FOB Price: $300/ $250 per MT Gross/Net
RAJESH NIMMAGADDA ENTERPRISES
ALPHA 611, JAYABHERI SILICON COUNTY,
MADHAPUR ROAD, KONDAPUR,
HYDERABAD, ANDHRA PRADESH, INDIA 500033
4. RUSSIAN LIQUEFIED NATUARAL GAS (LNG) GOST 5542-87
Quantity: 5,000.000.00MT x 3 Months OR 1 trial shipments
CIF Price: $400/ $350 per MT Gross/Net
CIF Price: $330/ $390per MT Gross/Net
5. RUSSIAN ORIGIN UREA 46% (PRILLED, AMP. & GRANULATED) GOST 2081-92
Quantity: 725,000.00MT x 3 Months OR 1 trial shipments
CIF Price: $290/ $200 per MT Gross/Net
FOB Price: $280 / $190 per MT Gross/Net
6. RUSSIAN AVIATION KEROSENE JP54
Quantity: 6,000.000 bbl x 3 Months OR 1 trial shipments
FOB/CIF Price: $80/ $50 per bbl Gross/Net
7. RUSSIAN ORIGIN LPG (LIQUEFEID PETROLEUM GAS) GOST 20448-90
Quantity: 2,700,000.00 MT x 3 Months OR 1 trial shipments
CIF Price: $350/$290 PER MT
FOB Price: $340/$280 PER MT
8. RUSSIAN ORIGIN LPG 50% PROPANE AND 50% BUTANE MIX
Quantity: 700.000.00MT x 3 Months OR 1 trial shipments
CIF Price: $320/$260 PER MT
FOB Price: $310/$250 PER MT
9. RUSSIAN ORIGIN LPG 30% PROPANE AND 70% BUTANE MIX
Quantity: 800,000.00 MT x 3 Months OR 1 trial shipments
CIF Price: $310/$250 PER MT
FOB Price: $300/$240 PER MT
10. RUSSIAN ORIGIN LPG 40% PROPANE AND 60% BUTANE MIX
Quantity: 800,000.00 MT x 3 Months OR 1 trial shipments
CIF Price: $310/$240 PER MT
FOB Price: $300/$230 PER MT.
11. CST-180 FUEL OIL RUSSIAN ORIGIN
Quantity: 1, 300,000.00MT x 3 Months OR 1 trial shipments
CIF Price: $300/$230 PER MT
FOB Price: $290/$220 PER MT.
12. RUSSIAN ORIGIN UREA 46% (PRILLED, AMP. & GRANULATED) GOST 2081-92
Quantity: 725,000.00MT x 3 Months OR 1 trial shipments
CIF Price: $250 / $190 per MT Gross/Net
FOB Price: $240 / $180 per MT Gross/Net
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