SELL CST 180, 280, 380 - CIF BASIS
Hello all,
We are able to sell CST 180, 280, 380 BITUMEN based on PLATT price. 100%
Our procedure:
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1. LOI from the buyer addressing to Bader group
2. SCO from Bader on behalf of the end seller
3. ICPO from the buyer along with the BCL/RWA addressing to the end seller
4. Seller issues FCO
5. After the FCO is signed and accepted by the buyer, the seller issues full POP ( pls note there is no PPOP issued) along with allocation details. The contract will be signed at sellers’ office.
6. After the buyer verifies and satisfied, the contract is signed and lodged in the respective banks.
7. The buyer opens the bank instrument ( DLC, SBLC)
8. Seller 2% PB
9. Shipment commences.
Please Note: No ICPO will be accepted without a BCL/RWA from buyers bank.
thanks
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