Jet Fuel Price Index
Petroleum Oil products: Jet Juel JP54 SPOT Price and Offer
The one main and crucial requirement - the Buyer must have own or leased tank storage and must be in a position to show to Seller the TSA with Rotterdam port terminal.
We can offer from:
First delivery is SPOT.
Quantity - 200K - 1 mln on Buyers option
Quantity - 300 - 600K X 12
The key point is that the Buyer has to show 1&3 pages of TSA.
1. The Buyer shows copies of their TSA for issuance of FCO
2. Seller issues FCO to your named Buyer.
General Seller's procedure is:
1. Buyer sends copies of 1st and 3rd pages of TSA-Rotterdam
2. Seller issues FCO
2. ICPO with agreed procedure.
3. Seller send SPA for SPOT (200K MT up to 600K MT)
4. Upon signed SPA seller send full POP incl TSR or PIR, SGS for liftable quantity and DTA.
5. Buyer's bank issue MT 103/23
6. Seller start to pump the goods to the Buyer's Tank according Pumping Schedule.
7. Payment-Title Transfer
The reason why the Seller asking for TSA is because the first liftable quantity will be delivered from Seller's tank in to Buyer's tank, afterwords the supplying will be effected directly to Buyer's tanks either to Buyer's vessels.
I
Saturday, September 17, 2011
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