A back-to-back principal trading desk for two China-centric flows. We structure crude flows from international producers into qualified Chinese refinery demand, and petrochemical product flows from Chinese plants into international buyers — both under LC-backed, DES/DAP structures, both backed by deep operational fluency with the Chinese refinery and petrochemical industry.
Structured supply of crude oil from international producers into qualified Chinese refinery demand under LC-backed, DES/DAP terms. Open to a wide range of crude grades; matched against refinery configuration, quota status and discharge port economics.
Crude into China →
Structured outbound supply of petrochemical products from Chinese producers into international buyers under the same back-to-back, LC-backed, destination-based discipline. Aromatics, olefins derivatives, polymer resins and refined-product feedstocks moving out of Chinese petrochemical complexes.
Petchems out of China →Non-state crude import quota allocation, annual policy direction, refinery-level eligibility, export VAT-rebate and quota cycles for petchems.
Configuration fit by refinery — coker, hydrocracker, FCC, aromatic units. Cargo specs matched to actual processing economics.
USD offshore LC vs. RMB onshore settlement, opening bank preferences, prepayment vs. acceptance, FX timing.
Default, rejection, claim and remedy paths in the Chinese commercial framework — handled before they become disputes.
Substantive negotiation rather than translated dialogue. Contracts, technical specs, dispute discussions and refinery-side operations.
Discharge port scheduling, demurrage, surveyor coordination, customs declaration, terminal protocol — for both inbound and outbound.
Cargo / product nomination
Back-to-back principal · LC · structure
Refinery (in) · International buyer (out)
Vessel · discharge · customs · inspection
Commercial counterparty details are handled confidentially. Compliance documentation remains transparent to banking, customs, inspection and contractual parties at every stage.
"Estal separates commercial confidentiality from compliance transparency. Commercial pricing and counterparty relationships are protected; origin, documentation, banking, customs, inspection and contractual compliance remain fully transparent to required parties."
Initial screening is confidential and structured. We respond within two working days for serious counterparties.
