THE PRICE AND TOTAL COST OF THE CONTRACT. 3.1. The price of the Goods on the basis FOB port _________ (terminal ___________) shall be calculated on the basis of: Basic quotations: quotations of Platts agency in its publication Platts European Marketscan - an arithmetic average of the average quotations of a quotation day rounded to the second decimal place for the position “VGO 0,5 - 0,6%” published under the heading «Cargoes CIF NWE / Basis ARA» and «Barges FOB Rotterdam». The provisional price (Pr(P)) is calculated as follows: Pr(P) = (Pl(P) +D)*1,1) / K(P) EUR/USD, Pl(P) – average value of the basic quotations for the period from the 1st to 18th quotation day (inclusive) of the month preceding the month of the final price formation for the agreed Goods lot, given in USD per metric ton for the respective position D – the correction on chosen basis: FOB port of loading offered by the Buyer in the bid, in US dollars per metric ton; K(P) EUR/USD – the official currency rate EUR/USD, fixed by the Bloomberg agency BFIX (14:00 Frankfurt), published on site xxxx://xxx.xxxxxxxxx.xxx/markets/currencies/fx-fixings; - for the volume (lot) of the Goods confirmed for delivery within the period up to the 18th day of the month preceding the month of the final price formation – on the 19th day of the month preceding the month of the final price formation for the agreed Goods lot; - for the volume (lot) of the Goods confirmed for delivery within period after the 18th day of the month preceding the month of the final price formation – on the date following the date of confirmation the Goods for realization. In the event that there is no rate quoted on such day the next following publication shall apply. The final price (Pr(F)) of the Goods shall be calculated according to the following formula (variant I): Pr(F) = (Pl(P) + D) / K(P) EUR/USD +( Рl(F) - Рl(P))/ K(F) EUR/USD, Pl(P) – average value of the basic quotations for the period from the 1st to 18th quotation day (inclusive) of the month preceding the month of the final price formation for the agreed Goods lot, given in USD per metric ton for the respective position D – the correction on chosen basis: FOB port of loading offered by the Buyer in the bid, in US dollars per metric ton;
THE PRICE AND TOTAL COST OF THE CONTRACT. 3.1. The estimated cost of the Goods delivered hereunder makes up to _____________ (________________________________________ 00/100) Euro. The cost is based upon the oil products prices operating for the date of the Contract concluding and shall not be obligatory for the Parties’ executing the present Contract.
THE PRICE AND TOTAL COST OF THE CONTRACT. 3.1. The price of the Goods on the basis FOB port _________ (terminal ___________) shall be calculated on the basis of: Basis quotations: quotations of Argus agency in its publication “Argus Base Oils” under heading “Russia and FSU” rounded to the second decimal place; For base oil SN-150 – for the position “SN 150 fob Baltic Sea” For base oils SN-500 – for the position “SN 500 fob Baltic Sea”. The provisional price (Pr(P)) is calculated as follows: Pr(P) = (Pl(P) +D)*1,1) / K(P) EUR/USD, where Pl(P) – the latest quotation of Argus agency available on the date of nomination of a monthly Goods lot in the publication “Argus Base Oils” for the respective position, in US dollars per metric ton;
