PRODUCT: Iron ore Fe 62%
ORIGIN: Chile
UNIT PRICE: Platts 62% Iron Ore Index, minus $6.00 Discount, CFR Chile
QUANTITY TOTAL: 100,000 MT per month for 12 months. (+/- 5%)
CONTRACT PERIOD: 12 months.
DEPARTURE PORT: Caldera Port, Totoralillo Port, or main port of Chile.
DESTINATION PORT: CFR any safe port, China.
TIME OF DELIVERY: Within 40 working days after the receipt of LC.
Delivery: Incoterms 2020.
PAYMENT TERMS: Stand By Letter of Credit SBLC, BLC or DLC, irrevocable, transferable,
divisible, confirmed,
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