TO GET STARTED
If the Buyer is interested in proceeding with transaction, he has to agree with the procedures of the Seller (sent upon requirement). In order to go ahead it, is necessary to follow certain initial steps
Our Sellers can offer to the buyer a very competitive discounts from Platts pricing or FIX price. Fixed price offerings in US$/MT or US$/BBL which is usually offered for the first 12 months contract period and subject to review on yearly basis. Offers usually indicate a GROSS discount and a NET discount to Buyer from Seller. The difference between the two is commission to be shared 50/50 Buyer side and Seller side.
All prices for the Buyer are according to Platt’s European Marketscan MINUS discount. The amount of the discount is not fixed, but varies.
Following links for pricing information are considered by most of our sellers to be the closest estimate of their invoicing prices. The invoiced prices are typically based on the three-day average (the day upon loading, preceeding day and the following). Seller uses the actual price on the basis of NWE Platts.