Source verified tonnage, against documentation that holds.
Submit a requirement and the desk will work it back to a qualified seller-side principal. We do not represent inventory we have not seen, or introduce parties we have not screened.
For procurement teams that need a clean line.
Bassie works best where a real buyer — a refinery, a smelter, a feed mill, an integrated trader — needs to source physical tonnage on terms that will settle, against a counterparty that survives KYC, sanctions screening and bank scrutiny.
If you are testing the market without instructed budget or signed authority to transact, this is not the right channel. We work with named principals and authorised mandates. The first cargo is the slowest; lifts after that move on the same documentation.
Before we approach a seller.
- 01Specific
Product and specification
The grade or specification you can take, including any non-negotiable assay, sulphur, moisture or origin parameters.
- 02Quantified
Volume and contract structure
Spot cargo, trial and roll, or term contract. Indicative monthly tonnage and total annual envelope.
- 03Named port
Destination and discharge
Named discharge port, terminal access, draft restrictions and any flag or carrier exclusions.
- 04Bank-issuable
Payment instrument
DLC MT700 (irrevocable, confirmed), SBLC, cash against documents, or escrow. Opening bank and confirmation arrangement.
- 05Indexed
Target price basis
Pricing reference (Platts, Argus, LME, ICE), discount or premium tolerance, and the formula window you need.
- 06UBO disclosed
Buyer corporate identity
Legal entity, jurisdiction of registration, ultimate beneficial owners, and any authorised representative on this requirement.
- 07MT799 / RWA
Proof of funds
MT799, RWA, BCL or recent bank statement showing capacity for the contract envelope. Issued by a top-tier bank.
- 08Mandate
Authority to act
Corporate resolution, mandate letter or signed ICPO. The buyer principal contracts directly.
Submit a verified requirement.
The fields below mirror what the desk needs to qualify your enquiry. Treat this as the first version of the term sheet — incomplete fields will simply slow the response.