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FTNX SWEET CRUDE OIL

Delivery Details 

Comparison Benchmark

FSCO FTNX SPECIFICATIONS AT FTNX BUY PRICE 

API GRAVITY: 38 DEGREES OR BETTER 

SULPHUR:  0.45% OR BETTER 

Specific Gravity : 0.835

Quantity : 80-100,000 MT Per Delivery Per Month 

Minimum Delivery 1 Year : 8 up to 24 MT

SEMI FIXED PRICE CONTRACT: FUTURE

Mitigation Factor:  US$5.00 per MT

Delivery : FOB POL

Delivery : CIF :@10,000 N/m or  

Paradip,  Mundra, Mumbai, Visakhapatnam , Mangalore or Chennai INDIA 

Insurance : Class ‘A” 110% all risk cover.

Payment : At sight  DLC

Sourcing supply Validity/ Assurance: 6 months or more 

1 Shipment delivery as it falls per delivery 15th day of the month 12.01 PM AEST

And every 30 days thereafter - stringed shipments 

BBL to MT factor 7.55 average

Per each API unit  lower: Deduct: US$ 0.90  MT

Per each API unit higher add: US$ 1.10 MT

Per higher Sulphur : Deduct US$ 1.00 MT

Per each unit lower Sulphur: Add US$ 0.80 MT

Port depth  POL and or POD dictates quantity 


Products bearing sanctions with: USA, EC, AUSTRALIA not accepted.

All factor are general subject to final offer.

Loading many not commence until final offer is accepted, subject to final contract issuance.

ICC UCP and URC and well as International trade laws apply.


Date of Offer: 21 Jan 2025 @ 80,000 MT

FTNX BUYS AT 

At FOB Incoterms: US$ 653.88 MT

AT CIF: US$ 653.88

Freight: US$ 38.00 per MT

Insurance : 3.38 per MT

TOTAL CIF:US$695.26 MT<br>


NOTES:

Not including Suez / Panama Canal crossing fee

Next change: Brent  at US$85.01 FSCO rise of  US$5.00 per MT

Next change : Brent at 75.00  FSCO Falls by US$5.00 per MT 

Aramco contract not accepted.

Transhipments : No allowed.

Sourcing: OTS via USCT/SPCT allowed

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FTNX COPPER CATHODES 

Delivery Details 

Comparison Benchmark

CC FTNX SPECIFICATIONS AT FTNX BUY PRICE 

GRADE: INDUSTRIAL

Cu: 99.0% or better  -/+ 1.0%

Fe : 2.0% ppm or less 

Quantity :1000 MT Per Delivery Per Month 

Minimum Delivery 1 Year : 24,000 MT-/+10%

SEMI FIXED PRICE CONTRACT: FUTURE

Mitigation Factor:  US$100.00 per MT

Delivery : FCA FCL 20ft POL

Delivery : CIP :@10,000 N/m av or  

POD: Spain, Hong Kong or  Malaysia. 

Insurance : Class ‘C” 110% all risk cover.

Payment : At sight  DLC

Sourcing supply Validity/ Assurance: 6 months or more 

1 Shipment delivery as it falls per delivery 15th day of the month 12.01 PM AEST

And every 30 days thereafter - stringed shipments 

Copper sheets  1.0 X 1.0 MT Bundled  and strapped onto  Euro pallets 

Thickness: 3 - 10 mm

20 MT per FCL

Products bearing sanctions with: USA, EC, AUSTRALIA not accepted.

All factors are general subject to final offer.

Loading many not commence until final offer is accepted, subject to final contract issuance.

ICC UCP and URC and well as International trade laws apply.


Date of Offer: 22 Jan 2025 @ 80,000 MT

FTNX BUYS AT 

At FCA Incoterms: US$8999.00 MT

AT CIF: US$ 653.88

Freight: US$ 2900.00 per FCL av

Insurance : US$ 59.00 per MT

TOTAL CIF:US$ 11,958 MT av<br>


NOTES:

Not including Suez / Panama Canal crossing fee

Next change: LME Grade “A” rises to  US$9400.00 per  MT: FTNX CC to  rise by $100.00 per MT

Next change : LME Grade “A” falls by US$8999.00 per MT : FTNX CC to fall by $100.00 per MT

Transhipments : No allowed.

Sourcing: OTS via USCT/SPCT allowed

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FTNX TERMS 2025

 




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