we are Prime Global Indonesia
Global Trading specialist
we reside in balikpapan, east kalimantan
we like to tell you frankly the situation and condition to deal with kalimantan miners. there are some issues to be dealt before deal with miners nowadays. some of the problems are :
1. some miners they dont want give performance bond of 2% of the total value
2. some miners they insist on getting transferable L/C rather than non-transferable
3. some miners they say ok to everthing the buyers request. deal. sign contract. trial shipment went well. second shipment? went to hell. some miners even sell your contracted steam coal to new buyer for higher price.
4. most miners's funder. funder is all giving problems to miners. DO YOU KNOW THAT IN LAST AUGUST 2010, 23 VESSEL SHIPMENTS WERE REJECTED AT CHINA DISCHARGE PORT? at the loading port, everything were ok then suddenly the shipments got rejected at the discharge port china. ASK US WHY......
5. buyers dealing with untrusted trading company who will do anything to get the 1st shipement done. 2nd shipment? who cares
6. the most problem of all is blend composition made by alot of naughty miners and alot of naughty traders in the south kalimantan, especially
and there are also trading companies from outside indonesia who cant get his contract quantity. so they started to contact us to get 1 or 2 or even 3 barges (of course from another miners) to fill up his vessel as his contract requirements. they dont care the blending composition and blending system! as long as the vessel is having the quantity as per contract!
not even buyers, same condition happen to miners. some miners they will be panic as the know their stock cant fill up his contract quantity. so they go to the miners next to them. they go left to take one barge. they go right to take one barge. they go behind their KP to get another barge to complete his quantity contract.
as far as i concern, nowadays its been hard for buyers to get 1 full year contract. well for me, i'd like to say IMPOSSIBLE.
as far as my experience, nowadays buyers have to go with some strategy to get his job done.
specially in the east kalimantan, its bullshit if you can get 6300-6100GCV for 50.000mt a month from 1 miner. you have to look for several miner to fill up your 50.000mt a month. thats the real condition here.
and to make things worst, in the east kalimantan its so difficult for buyers to find miners who can accept L/C. here everything is cash. cash on barge or cash on vessel. but buyers they feel scared of paying cash, arent you buyers? some miners they are ok with l/c because they have funder. but really careful when you are doing contract with funder.
so you need strategy to deal with kalimantan miners.
basically we are here to help you, to give you strategy to achieve your contract.
we dont do mark up on prices. we are starightforward telling you that we live based on usd1 commision. our usd1 commision will be written in the contract agreed by the buyer and seller.
we can assist you to manage for your steam coal requirements.
we are not miners. we have good/trusted links to the several miners in the east and south kalimantan of indonesia.
regards
balraj singh
prime global indonesia
marketing head
Global Trading specialist
we reside in balikpapan, east kalimantan
we like to tell you frankly the situation and condition to deal with kalimantan miners. there are some issues to be dealt before deal with miners nowadays. some of the problems are :
1. some miners they dont want give performance bond of 2% of the total value
2. some miners they insist on getting transferable L/C rather than non-transferable
3. some miners they say ok to everthing the buyers request. deal. sign contract. trial shipment went well. second shipment? went to hell. some miners even sell your contracted steam coal to new buyer for higher price.
4. most miners's funder. funder is all giving problems to miners. DO YOU KNOW THAT IN LAST AUGUST 2010, 23 VESSEL SHIPMENTS WERE REJECTED AT CHINA DISCHARGE PORT? at the loading port, everything were ok then suddenly the shipments got rejected at the discharge port china. ASK US WHY......
5. buyers dealing with untrusted trading company who will do anything to get the 1st shipement done. 2nd shipment? who cares
6. the most problem of all is blend composition made by alot of naughty miners and alot of naughty traders in the south kalimantan, especially
and there are also trading companies from outside indonesia who cant get his contract quantity. so they started to contact us to get 1 or 2 or even 3 barges (of course from another miners) to fill up his vessel as his contract requirements. they dont care the blending composition and blending system! as long as the vessel is having the quantity as per contract!
not even buyers, same condition happen to miners. some miners they will be panic as the know their stock cant fill up his contract quantity. so they go to the miners next to them. they go left to take one barge. they go right to take one barge. they go behind their KP to get another barge to complete his quantity contract.
as far as i concern, nowadays its been hard for buyers to get 1 full year contract. well for me, i'd like to say IMPOSSIBLE.
as far as my experience, nowadays buyers have to go with some strategy to get his job done.
specially in the east kalimantan, its bullshit if you can get 6300-6100GCV for 50.000mt a month from 1 miner. you have to look for several miner to fill up your 50.000mt a month. thats the real condition here.
and to make things worst, in the east kalimantan its so difficult for buyers to find miners who can accept L/C. here everything is cash. cash on barge or cash on vessel. but buyers they feel scared of paying cash, arent you buyers? some miners they are ok with l/c because they have funder. but really careful when you are doing contract with funder.
so you need strategy to deal with kalimantan miners.
basically we are here to help you, to give you strategy to achieve your contract.
we dont do mark up on prices. we are starightforward telling you that we live based on usd1 commision. our usd1 commision will be written in the contract agreed by the buyer and seller.
we can assist you to manage for your steam coal requirements.
we are not miners. we have good/trusted links to the several miners in the east and south kalimantan of indonesia.
regards
balraj singh
prime global indonesia
marketing head
| Company Name | Prime Global Indonesia |
|---|---|
| Business Type | Trading Company, Agent |
| Main Products | steam coal, iron ore |
| Total No. Employees | 5 - 10 People |
| Year Established | 2009 |
| City | balikpapan |
| Province/State | Kalimantan Timur |
| Country/Region | Indonesia |
| Contact Person | Mr. balraj singh |
| Telephone | 6************6 View all, please login |
| Street Address | jl. a. yani |
| Zip Code | 76113 |
| sell123 URL | http://www.sell123.org/company/Indonesia/424181.htm |
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