1. What does Mixtradellc specialize in?
Mixtradellc focuses on the trade and distribution of petroleum products, including crude oil, refined products, and related services. We ensure a seamless supply chain, meeting the needs of international buyers.
2. What products does Mixtradellc offer?
Our portfolio includes a range of petroleum products to meet diverse requirements, such as:
- Crude Oil: Available in multiple grades to suit refining needs.
- Diesel (ULSD 10ppm): Ultra-low sulfur diesel meeting the latest environmental standards.
- Gasoline (RON 95, RON 98): Available in different octane levels to meet regional and industry demands.
- Lubricants and Base Oils (Group I, II, and III): Premium options for industrial and automotive applications.
3. In which regions does Mixtradellc operate?
We operate globally, with a strong presence in key markets across Europe, Asia, and the Middle East. Our network allows us to manage pickups in the biggest key ports.
4. How does Mixtradellc ensure product quality?
Our products undergo rigorous quality control and meet international standards, ensuring the highest level of reliability and performance.
5. How can I initiate a business inquiry?
You can submit an inquiry via our official website, email, or by contacting our sales team directly. Please include all necessary details about the product and volume requirements to streamline the process.
6. Can I also contact customer service via WhatsApp?
7. Why do we require an LOI and ICPO from the buyer?
To proceed with the next steps, we require the following documents:
- Letter of Intent (LOI): Confirms the buyer's serious interest in the proposed transaction and outlines the basic terms and conditions they seek.
- Irrevocable Corporate Purchase Order (ICPO): A binding purchase offer that specifies request details and confirms willingness and ability to pay.
These documents are essential to ensure a smooth and transparent transaction process. Once we receive both documents, we can initiate the next steps and move forward.
8. What is a Soft Corporate Offer (SCO), and when is it issued?
We provide an SCO (Soft Corporate Offer), a preliminary offer, after receiving an LOI and ICPO. It outlines basic terms, product availability, pricing, and conditions, serving as a non-binding document until the buyer confirms acceptance.
9. What additional documents are required for the process?
In addition to the LOI and ICPO, buyers must provide:
- KYC Documents (Know Your Customer): Company registration, proof of address, and financial standing.
- Bank Comfort Letter (BCL): Confirming the buyer's financial capability, if applicable.
10. Pricing: How are product prices determined?
Pricing is based on international benchmarks such as Brent or WTI, and adjusted according to market dynamics, product grade, and delivery terms. A final price is confirmed during the negotiation phase.
11. Is there a minimum order quantity?
Yes, our minimum order requirements depend on product type. For crude oil, the standard minimum is 1 million barrels. Refined products typically require a minimum of 50,000 metric tons.
12. What payment methods are accepted?
In international oil trading, we adhere to transparent and secure payment terms to ensure smooth transactions. Mixtradellc operates under the following conditions:
- The buyer must provide Proof of Funds (POF) via MT 149 within 72 hours of signing the trade invoice.
- If the buyer cannot provide POF within the specified timeframe, an Unconditional DTA (UDTA) valid for 5 to 7 days will be issued to allow a dip test.
- The buyer reserves the right to reject the product if it does not meet the specifications outlined in Annex 1.
- Force Majeure: Neither party is liable for failure or delay due to circumstances under the ICC Force Majeure and Hardship Clauses (ICC 2010).
- Inspection Period: The buyer is entitled to up to 40 hours (with prior approval) to verify product quality before the dip test.
Our payment terms are designed to provide maximum security and transparency. For clarification, our team is available to assist.
13. Which ports or terminals do you use?
We utilize well-established ports and terminals based on product and destination. Common ports include Rotterdam (Netherlands) and Fujairah (UAE).
14. What delivery methods do you offer?
Mixtradellc provides flexible delivery solutions tailored to buyer needs, including:
- Tank-to-Vessel Transfers: Direct loading from storage tanks to vessels at designated terminals.
- Vessel-to-Vessel Transfers: Mid-sea or port-based transfer between vessels for efficient and timely delivery.
15. What are the benefits of tank-to-vessel and vessel-to-vessel services?
- Tank-to-Vessel: Ideal for bulk deliveries from storage facilities, minimizing handling time and costs.
- Vessel-to-Vessel: Useful for in-transit operations or where terminal access is limited.
16. What is the process for completing a transaction?
We follow a clear and efficient process. A sample procedure is:
- Submit Documents: Buyer sends LOI, ICPO, and KYC documents.
- Verify Documents: We review all documents for accuracy and completeness.
- Issue SCO: We provide terms for pricing, quantity, and delivery.
- Confirm SCO: Buyer confirms acceptance of SCO terms.
- Conduct Dip Test: Buyer verifies quality and quantity in tank or vessel transfers.
- Sign Contract: Both parties execute the Sales and Purchase Agreement (SPA).
- Process Payment: Payment is completed using agreed terms such as LC or SWIFT.
- Deliver Products: Delivery proceeds under agreed terms (FOB, CIF, TTV, or VTV).
17. How long is an SCO valid?
Our SCO is valid for 2 business days. Buyers must confirm within this period to proceed.
How long are LOI and ICPO valid?
- LOI: Typically valid for 30 days, unless otherwise stated.
- ICPO: Usually valid for 30 to 60 days, depending on agreement terms.
How long is a Dip Test result valid? Dip Test results remain valid for 14 to 30 days, depending on product type.
What happens if validity expires? If an SCO, LOI, ICPO, or Dip Test result expires, updated documents or a new test are required to continue.
18. What compliance standards does Mixtradellc follow?
We adhere to international standards and regulations, including ISO certifications for quality and environmental management.
19. How do we ensure data confidentiality?
We comply with international data protection laws to safeguard sensitive information.