I have 1000 Metric Tonnes of light diesel fuel oil available every month which I want to sell.
The quality of the oil is good and it is described in a report done by SGS which I have attached. These specifications are from the equipment manufacturer.
The oil might also be suited to small refineries or oil blenders. It could also be used by companies that sell oil to ships in a bunkering service.
The oil if valued according to companies like Platts is worth approximately US$930 a tonne when classified as Marine Diesel Oil - MDO. However part of the project is to establish what really is the market price given our being a new company and having small volumes available.
I expect it is most likely that direct users of the oil will pay more and be interested given that they may be able to buy direct from us rather than buying from middle men. The oil is probably most suited to areas near Sri Lanka where it is being produced. But we must sell outside Sri Lanka. So perhaps East Africa, India, Pakistan, Bangladesh, Philippines, Thailand, Myanmar, Vietnam, China, Taiwan etc..
Rules of sale
1. Customers must be prepared to order long term. Once off orders are not acceptable.
2. Customers must be prepared to order at least 110 MT a month
3. Any buyers must understand that all payment is to be made by Irrevocable LC issued by HSBC, or similar large bank, linked to testing by SGS or a similar organisation.
4. Our company is a start up company and the oil will be available from July, but the buyer needs to be able to give us some flexibility.
5. Oil will be delivered in 22 tonne flexibags in a 20 ft shipping container.
What I expect to receive from the succesful bidder
1. A value placed on the oil and proof of such value by showing offer e mails, conversations etc..
2. Names, phone numbers, and e mail addresses of people who have confirmed that they are interested in our product.
3. The leads are familiar with me and my company when I contact them.
4. A written confirmation by the leads that they are interested in the oil and stating the price they are prepared to pay.
5. That enough leads are generated to sell 2000 MT of oil a month (its unlikely that all leads will be successful)
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