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Procedures | Specifications | More about Urea46% | Soft Quote

Procedures


We are interested in doing business only with BUYERS and INTERMEDIARIES who carry out a good and fair practice of international business.

If you are familiar with the Physical Commodity Market, then you know that commodity prices fluctuate DAILY, and that prices depend upon many variable factors. We cannot give quote without knowing these many variable details of buyer's desired terms and conditions, as submitted in freshly dated, signed, official Letter of Intent on buyer's letterhead, no more than 2 days old, and containing all details for said commodity purchase as per our procedures. Not only do commodity prices fluctuate daily, but prices quoted are ENTIRELY dependent upon the many variable factors detailed by buyer. After receipt of buyer's LOI in proper order with all the necessary details of terms and conditions desired by buyer, and after receiving a confirming financial reference as detailed in our procedures, we will quote you a soft price. If prices are acceptable, we will issue signed & sealed Full Corporate Offer / Contract on our letterhead. Full Corporate offer will be valid for a limited time of 48 - 72 hours only. Buyer will be expected to sign and return the Full Corporate offer to us within the specified period in order to lock in the price - as commodity prices will again certainly fluctuate in either direction, and we cannot guarantee that our price will be the same after 48 - 72 hours. Commodity producers and owners do not waste time with price-shopping brokers and phantom-buyers, which is why we, and the commodity producers and owners from whom we purchase our commodities require buyers to identify themselves (and their good-faith intentions) in a signed Letter of Intent as well as confirming financial references confirming financial readiness. If you are not capable of producing such documents and references, then please don't bother asking for quotes - we cannot give you without buyer's documents and references proving they are Ready, Willing & Able.

Procedures:

  • Buyer submits LOI/BCL or ICPO (NO older than 4 days) and a signed, NCNDA (must use NCNDA and LOI enclosed)

  • Buyer's financial capability is verified prior to issuance of FCO.

  • Seller issues the FCO for buyer's approval and signature.

  • Buyer approves the FCO and signs it.

  • Seller issues contract with full banking for buyer's signature and return.

  • Proof of Product exchanged for Proof of Funds bank to bank by KTT.

  • Buyer's bank sends pre-advised LC for non-operative 2% P.B. in return. PB activates LC.

  • SGS or other inspection company inspects the product and extract the sample of the product, which is to be sealed and forwarded by courier to Buyer for comparison at port of discharge

  • Shipment commences as per contract.

These procedures are not negotiable except for government Companies!

For any questions or requirement, please feel free to contact us any time.

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Specifications
Origin: Russia / CIS /Middle East / Sellers Option
SPECIFICATIONS: For Prillled Urea 46%, 100% Free Harmful Substances
Nitrogen Content: 46 % Min (calculation With Dry Substance)
Moisture: 0.5% Max Fisper
Biuret: 1.0 % Max.
Granulation:
- Prilled   - 1mm to 4mm Not Less Than 90%
- Granular - 2mm to 4mm Not Less Than 90%
Colour: Pure White
Melting Point: 132° C
Physical: Free Flowing, Treated against Caking
Inspection: SGS or equivalent At Seller's Cost with Certificate at Port of Loading.
PB: 2%
Destination port: ASWP
Shipment: 12.500 MT, minimum
Packing: in bulk or 50kgs bags
Quantity: ............... Metric Tons
Price: USD............... C&F per MT (ASWP).
L/C Amount: ........... million US dollars
Terms: Irrevocable, confirmed, bank guarantee or Letter of credit transferable, dividable, 100% payable at sight in first category bank. The LC must be for the total amount of the contract.

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Urea 46% - An Introduction
The main producers of Urea 46% in the world are in Eastern Europe.

Urea46% is a commercial solid nitrogenous fertilizer with highest nitrogen concentration, 46%. It may be used prilled or granular. In spite of being water soluble, the liquid application is uncommon.

The quality of the Urea 46% is uniform.

Urea 46% supplied by BBTC comes with all the certifications required by the international standards; it is the Urea used globally.

The loading form is standard, i.e. in containers. It may be Urea 46% in bulk (as specified in the contract).

The freights are constants because they are calculated on the basis of a full loaded vessel.

It is important to clearly determine the delivery times per vessel to make the corresponding Urea 46% stock reservations, every 60 or 45 days which is the approximate delivery time per shipment, for contracts with several shipments.

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