We Need "BUYERS"!!!

If you are an end-buyer/agent/mandate, we would be glad to review your needs. Please consider the basic information that we will require from you for starters, plus our preferred procedure:

1. Product: AGO - Atmospheric Gasoil (for example)
2. Specifications: XYZ...
3. Quantity: XYZ in mt/liters/bbls, pieces, etc.
4. Payment: UCP600 Letter of Credit: Non Transferable: Non Cumulative Revolving Guaranteeing 12 months total contract quote-payable at sight of clean delivery documents- Renewable one month before total contract expiration at seller’s option.
5. Performance Guarantee: Buyer requires 1.50 to 1.75 PG issued as an ISP98 SLC upon Acceptance of the Buyers financial instrument.
6. Contract Period: 12 x 12 x 12 per a total of 36 months
7. Delivery: Price quote: Strictly FOB Incoterms “Named Port of Shipment’
8. Delivery Schedule: (1) 1st delivery date must be stated.
9. PROCEDURES:
1. Seller accepts quote and applies firm price basis- (Allow 5 days)
2. Buyer confirms quote, Seller issues full offer
3. Buyer accepts full offer, Seller issues Draft Contract
4. Formal Contract signed returned by e-mail and overnight courier
5. No. 2 to 4 above to be completed within 28 days; ...thereafter;
6. Buyer issues financial instrument /Seller advises acceptance (Allow 5 days)
7. Seller advises bank issued ISP98 SLC PG (Allow 3 days)
8. Buyer accepts SLC PG, Seller initiates reservation of berthing at loading terminal
9. Buyer advises reservation/ Seller advises name of each ship, ETA, Flag;
10. First delivery Initiated, Documents produced
11. At sight collection on DLC applied.
12. Next shipment initiated- For a further 11 months delivery
13. Buyer to advise Seller one month before final shipment if contract is to continue with the shipment for a further 12 months. New Financial instrument advised.
10. RULES: UCP600, ICC Incoterms 2000, URC 522, and the ICC Rules of Agency.
11. Language: English language; with English common law of contract
12. Buyers Advice required:
1. Price application benchmark - transparent and searchable on the internet
2. Specific Port of loading
3. Confirmation of Grade
4. Confirmation of Delivery date (later but not earlier)
5. Name and Country of Bank accepting DLC

IMPORTANT NOTE:
We serve as Buyer-Seller in our trades. By this, we mean buying and selling products of diverse kinds while still serving as Manufacturers' Representative in some other cases where doing so would only make the best business sense. We thrive on the strength of our firmness, reliability, and trustworthiness.

Our primary goal is to 'help our clients reach more', in all sense of the word. To this end, we tirelessly and diligently provide for our clients, but more importantly we ensure that each party experiences a win-win situation at all times. We will negotiate trade terms, process transactions, close and conclude transactions. Take note that for us to consider and proceed with any proposed trade, we will ask you to provide the following critical preliminary data: 

• In the case of a Seller:
1. Where is the Seller's product under consideration?
2. How much is in-tank, vessel, or storage and for how long has product been in there? 
3. What is the Full Name of the Company in Ownership (a Title Holder)? 
4. Where is the Titleholder registered to do business? What country and province? 
5. What is the landline phone number of the Titleholder? 
6. What is the name of the papered Mandate? 
7. Where is the Mandate registered to do business? What Country and province? 
8. What is the Mandate's landline phone number?
9. And, most often, we will also request for an "OFFER TO SELL" (OTS), aka "Soft Offer".
• In the case of a Buyer:
1. What is the product and quantity of product under consideration?
2. What is the name of the End-Buyer (principal contact)?
3. What is the landline phone number of the principal contact?
4. What is the Legal Corporate name of the buying company?
5. Where is the company registered to do business? Its legal address MUST include Country and Province?
6. What is the landline phone number of the company?
7. Who is the authorized procurement officer for the company?
8. What is the landline phone number of the authorized procurement officer of the company?
9. We will also ask that our "REQUEST FOR QUOTE" (RFQ) be filled by the End-Buyer, (end-buyer or its authorized rep may ask for our RFQ format? 

If you are still reading this note, we congratulate you as one of the few who is sincerely interested in closing/consumating a transaction. We welcome deals from all professionals, however, we will not accept offers from ghost buyers/principals. This refers to a situation where we do not have direct access to principal traders in view. To allay the usual fears among agents and affiliates, we do provide an Irrevocable Perfomance Guarantee (IPG) to everyone that makes it possible for us to directly access the principal traders under consideration. All referring or facilitating agents, brokers, adn professionals will thereafter take a back seat with our IPG in hand in order to allow us carry on with what we require to successfully close on our deals. As you may know, 99% of deals from professionals, agents and brokers in this industry are bogus; not solely because they are not who they claim to be, but also because most of these people lack the wherewithal to successfully close on these complex transactions. Therefore, in order not to be part of this terrible statistics of predictable deals that fail, we have put in place certain guidelines to help weed-out the unwanted.

So if you are not directly connected to an END-BUYER, SUPPLIER, REFINERY, or MANUFACTURER (i.e. the official TITLEHOLDER of a product under consideration), by all means please share the information herein with your direct contacts.

As commodities trading moves into the future, we will continue to expand our product base in order to broaden our international exposure and reach. Therefore, we welcome new proposals from mandates, allocation holders, title holders, JVs, brokers, accountants, lawyers and other professionals involved in commodities. However, we do not get involved in long chains; if you have long chains, you must be prepared to introduce your direct source and take a back seat.

So far, if all these still look good and sound acceptable to you, please by all means know that we'd be glad to hear from you.

Thank you!

Consto Trades Mgmt