WANTED: Used Oil
Buy Requirement Specifications & Trade Terms
A buyer from Egypt is looking for wholesale used oil. Quantity required: 20000 Metric Ton/Metric Tons Monthly. Shipping terms: CIF. Payment terms: 30% Advanced T/T Against Proforma Invoice. Review the full specifications and submit your competitive quote.
Shipping Terms & Destination Port
The buyer requires CIF shipping terms. Exporters from any country capable of shipping to Egypt are encouraged to submit their best FOB or CIF pricing.
Submit Your Quotation
Verified suppliers can submit their wholesale quotation including FOB pricing, MOQ, production capacity, and shipping terms. Click "Submit Quotation" to respond directly to this used oil requirement.
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20,000 Metric Tons Monthly of Used Oil Required by a Verified Buyer in Egypt
A verified buyer in Egypt is sourcing used oil, indicating a volume of 20,000 Metric Tons Monthly. Delivery is sought into Australia on CIF terms, with settlement by 30% Advanced T/T Against Proforma Invoice. Suppliers preparing an offer should be ready to evidence used oil on a current specification sheet or certificate of analysis, covering grade and specification, material composition, quality-control results, and the country of origin, reported against the test methods the product category attracts. At first contact, a clear specification and valid certifications count for more than a headline price. Quality and quantity are normally established by an independent inspector such as SGS, Bureau Veritas or Intertek, with sample drawing and loading supervision at the export port. Used oil moves as palletized FCL cargo, so the offer should name the packing format, the load port, lead time and available quantity, rather than vague availability claims. Trade terms most often negotiated are FOB at the supplier's export port and CIF or CFR to the buyer's port, here Australia; under CIF the seller arranges freight and marine insurance to the discharge port. Quote Incoterms 2020 explicitly so risk transfer is unambiguous. Payment is commonly an irrevocable letter of credit at sight or T/T with a partial advance against shipping documents. A complete first response covers specification compliance against the buyer's note, an indicative price with a validity window, MOQ, packaging, port of dispatch, lead time, and certification copies.
Frequently Asked Questions About Used Oil Buy Leads
How much used oil is this buyer looking to source?
The buyer has indicated a requirement of 20,000 Metric Tons Monthly. Confirm your available volume against it, state your MOQ if it sits below this figure, and give the production or shipment schedule you can hold to.
What shipping and payment terms did this buyer specify?
The buyer has specified CIF shipping and settlement by 30% Advanced T/T Against Proforma Invoice. Quote your price on those Incoterms and set out the documents you can present against 30% Advanced T/T Against Proforma Invoice.
What is the delivery destination for this used oil requirement?
The buyer has named Australia as the delivery point. Factor the freight, insurance, and transit time to that discharge port into a CIF or CFR offer, and state the vessel or routing your price assumes.
Is this used oil requirement still open?
This buy lead is currently open and accepting quotations. It was posted on June 3, 2026. Requirements that pass six months without activity are automatically marked closed, so the most recently posted leads are the most likely to convert.
How do I submit a quotation on this used oil requirement?
Use the Submit Quotation button on this page to send your offer directly to the buyer. A complete quote covers your price and its validity window, MOQ, lead time and packing, and the certifications you can provide. The buyer's contact details are released once you submit a quotation, so there is no need to source them elsewhere.
What HS code applies to used oil?
Wholesale used oil is classified under a specific HS heading that sets the duty and documentary regime in the destination market. Confirm the exact ten-digit national tariff line with a licensed customs broker before shipment, and keep that code identical across the commercial invoice, packing list, and certificate of origin so the consignment clears in one pass.
Which Incoterms and payment methods are standard in used oil trade?
Used oil usually moves FOB at the export port or CIF to the buyer's port, quoted on Incoterms 2020 to fix the point of risk transfer. Payment is commonly an irrevocable letter of credit at sight, a telegraphic transfer with a partial advance against shipping documents, or platform-mediated escrow on a first order.
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