Wednesday, April 21, 2010

Bitumen 80/100, 60/70 and 85/100

Commodity : Bitumen 80/100, 60/70 and 85/100(100% pure from Iranian refiner)
- Origin: Iran
- Quantity : up to 20,000 MT per month for 12 months (The quantity and terms of contract can be adjusted)
- Price: TBA
- Standard : ASTM - Global Standard
- Packing: New Steel Drums 190 (+/-5) kg
- Port of discharge: On FOB or C&F basis
- Inspection : SGS at loading port at buyer's costs
- First Shipment : within 15-20 days after receipt of buyer's confirmed L/C
- Terms of Payment : 100% L/C at sight , Irrevocable, transferable, Workable, Confirmed by Prime Banks or T/T in Advance


Procedure
1- Buyer ask inquiry .
2- Seller offer specification & prices .
3- Buyer send ICPO/Latest dated BCL according to offered specification & prices.
4- Seller will issue FCO and will send to buyer .
5- Buyer sign & seal FCO and return to Seller .
6- Buyer send Draft Contract & PI to Buyer .
7- Buyer sign & seal Contract & PI and return to Seller for sign & Seal too .
8- Buyer issue pre advice L/C ( no operative L/C ) .
9- Seller issue 2% PB to make operative L/C(if agreed) .
10- Seller start sending the Commodity to the destination port(ON FOB OR C&F ABSIS).
11. Seller would issue the BL and packing list,certificate of origin and other documents agreed to the buyers.
12. Buyer would make the LC free.


I have just received a price of US$520 per metric tonne for Bitumen grade 80/100 FOB.
For all other grades please contact me with the quantity they require and on what basis FOB or C&F.
Please bearing in mind that the above procedure cannot be altered.







Iranian Bitumen is a tough job to buy in such a huge quantity on monthly basis.. because of Following

Iran Origin Bitumen Sales every Tuesday on a Exchange in Iran
If one Awarded the bid than he has to pay Money within 5 working days
Some of the quantity is traded on FOB, but mostly on Ex factory
Last Traded prices for Exchange was, 440/usd/pmt ex factory Drumming cost and fob cost is 88/usd/pmt so it is fob cost at BA/BIK (Bandar Abbas and Bander Immam Khomeni)

Iran does not accept mostly LC in Dollars due to Embargo
their LC Come in Dubai and chaged in UAE Currency or deal done on DP Sight basis
For Loading Bitumin Containers are mostly not avaialbe every month in iran being a Liquid Commodity

20000 Mts At per month level from iran is a Highly risky affair, my last 50 containers took more than 30 days to load from there

None of the refinery provided SGS in their Premises, they deal on their own specification, so SGS is ony available where Shipper withdraw samples by themselves and provide to SGS

Price after February will start going down and may go down up to 25 to 30 usd/pmt fob in Iran





Product Details:
Place of Origin Saudi Arabia
Brand Name Bitumen
Grade 80
Payment & Shipping Terms:
Minimum Order Quantity: 500 Metric Ton
Price: FOB USD 350~370
Port: Jeddah or Dammam
Packaging Details: PACKING WILL BE IN RE-CONDITIONED STEEL DRUMS/ OR NEW DRUMS APPROX WEIGHT 200 KGS. 80 DRUMS PALLATIZED IN 20 FT CNTR. 16 MT TONS IN EACH 20FT CONTAIENR/ OR 40 CONT APRROX 24 M/T
Delivery Time: 45 days
Payment Terms: L/C,T/T
Supply Ability: 3500 Metric Ton per Day 45



Bitumen 80 / 100 - 60 / 70  Add Product to Favorites
Product Details:
Place of Origin Saudi Arabia
Brand Name Bitumen
Grade 60
Payment & Shipping Terms:
Minimum Order Quantity: 500 Metric Ton
Price: FOB USD 350~370
Port: Jeddah or Dammam
Packaging Details: PACKING WILL BE IN RE-CONDITIONED STEEL DRUMS/ OR NEW DRUMS APPROX WEIGHT 200 KGS. 80 DRUMS PALLATIZED IN 20 FT CNTR. 16 MT TONS IN EACH 20FT CONTAIENR/ OR 40 CONT APRROX 24 M/T
Delivery Time: 45 days
Payment Terms: L/C,T/T
Supply Ability: 3500 Metric Ton per Day 45Offline View Contact Details


Ready Bitumen in Container for export .

1- BITUMEN 60/70  AS PER ARAMCO SPECIFICATION ( WE WILL PROVID LAB TEST)
2- BITUMEN 80/100  (WE WILL PROVID LAB TEST)
3- SULPHUR   99.98% PURITY
(DRY BASIS)  AS CHIPS BRIGHT YELLOW ( SAUDI ORIGIN)( WE WILL PROVID SGS REPORT AND PAST PERFOMANCE B/L)

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